Auction Results Sydney 29 August 2020

Auction Results Sydney

Comment: Auction Results Sydney

Sydney’s median property price declined 2 per cent to $974,83 in the quarter ending June. Outside of the capital prices recorded a marginal increase.

The pandemic has continued to drive city slickers out to regional areas. Property prices across regional NSW have continued their upward trajectory. For example, Bowral’s median house price is up 16% to $1,050,000 year on year. Rental yields in some regional area’s are anywhere between 4 or 4.5 per cent and now people are moving money out of investment funds and using bricks and mortar as their retirement package.

If you need help purchasing a property in the Southern Highlands, speak with TBAS® Buyers Agent Julie Bennett. https://tbasbuyersagents.com.au/southernhighlands/

Corelogic research analyst Eliza Owen said record low mortgage rates, home loan repayment deferrals and various demand-side government-issued stimulus packages had combined to reinvigorate buyer sentiment.

Using a Buyer’s Agent: At TBAS®, we offer comprehensive end-to-end support – from identifying and analysing potential properties to dealing with agents, attending inspections, bidding at auction and negotiating a sale on your behalf. We take the time to understand your timeline, budget and exactly what you’re looking for, then create a tailored strategy to get you into your dream home, fast.

We recently achieved outstanding results in Bellevue Hill, Bowral, Maroubra, Tempe and Neutral Bay.

Auction Results Sydney 29 August 2020

CLEARANCE RATE:71% - SOLD:5 - PASSED IN:2 - AUCTIONS:7

11/226 Old South Head Road Bellevue Hill - SOLD $674,000

12.33% Over agents price guide

Unit - Beds: 1 - Bath: 1 - Parking: 0 -Unit size: 51m2

Price Guide: $600,000 - Opening bid: $600,000

Bidders: 2 - Bids: 14 - Last Sold: 16 Dec 2009 $386,500

6/4 Dundas Street, Coogee - SOLD $2,223,000

?% Over agents price guide

Unit - Beds: 3 - Bath: 1 - Parking: 1 -Unit size: ?m2

Price Guide: $? - Opening bid: $1,750,000

Bidders: 3 - Bids: 64 - Last Sold: Not available

2/361 Edgecliff St Edgecliff - PASSED IN $1,305,000

0.38% Over agents price guide

Unit - Beds: 2 - Bath: 2 - Parking: 0 -Unit size: 95m2

Price Guide: $1,300,000 - Opening bid: $1,300,000

Bidders: 1 - Bids: 1 - Last Sold: 1 Mar 2017 $1,230,000

23 Rangers Avenue Mosman - SOLD $4,430,000

26.57% Over agents price guide

House - Beds: 4 - Bath: 1 - Parking: 2 -Land size: 735m2

Price Guide: $3,500,000 - Opening bid: $3,500,000

Bidders: 4 - Bids: 46 - Last Sold: Not available

146 Paddington St Paddington - SOLD $5,900,000

18% Over agents price guide

Terrace - Beds: 4 - Bath: 4 - Parking: 2 -Land size: 190m2

Price Guide: $5,000,000 - Opening bid: $4,500,000

Bidders: 2 - Bids: 18 - Last Sold: 29 May 2015 for $4,025,000

4 Seymour Pl Paddington - SOLD $1,420,000

1.8% Over agents price guide

Terrace - Beds: 2 - Bath: 1 - Parking: 0 -Land size: 76m2

Price Guide: $1,395,000 - Opening bid: $1,350,000

Bidders: 2 - Bids: 5 - Last Sold: 25 Jun 2013 for $725,000

33 Tamarama St Tamarama - PASSED IN $2,800,000 (Vendors bid)

% Over agents price guide

Semi - Beds: 3 - Bath: 2 - Parking: 2 -Land size: 316m2

Price Guide: $2,900,000 - Opening bid: $2,800,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 23 Aug 2014 $2,175,000

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