Auction Results Sydney 19 September 2020
Auction Results Sydney
Comment: Auction Results Sydney
Westpac has upgraded its short-term home price targets. They are now predicting residential prices to only fall 5 per cent in 2021, instead of 10 per cent and surge 15 per cent over the next 2 years. Sydney’s prices have dipped a moderate 2.6 per cent since the onset of COVID.
Pandemic shifts buyer focus from city to regional areas. There has been strong growth over the past year in the Southern Highlands, where growth was 5.3 per cent, according to CoreLogic.
The opposite is occurring across inner city, With the CBD dropping almost 10 per cent in the last 3 months. Realestate.com.au chief economist Nerida Conisbee said buyers were likely prioritising space after being cooped up at home for much of the pandemic. Increased work from home arrangements may have also encouraged buyers to seek out “lifestyle” locations.
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, Kensington, Bowral, Maroubra, Tempe and Neutral Bay.
Disclaimer: Not all Properties were bought or sold by TBAS® Buyers Agents. The Auction Results Sydney are compiled for research purposes to assist our valued clients in making educated decisions when purchasing property.
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:78% | Victoria:90%
- List IteWestpac Predicts House Price Surgem
- Rentals near the city getting cheaper: CoreLogic
- Vacancy Rates Reflect Shift From Cities to Regions
- Pandemic shifts buyer focus from city to further-flung suburbs and regional areas
- Sydney suburbs where apartment oversupply is becoming a major issue for buyers
- Sydney and Melbourne house prices feel brunt of coronavirus downturn
Auction Results Sydney 19 September 2020
CLEARANCE RATE:60% - SOLD:3 - PASSED IN:2 - AUCTIONS:5
17A Chelmsford Avenue, Botany - SOLD $2,022,000
5.36% Over agents price guide
House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 500m2
Price Guide: $1,900,000 - Opening bid: $1,850,000
Bidders: 2 - Bids: circa 20 - Last Sold: 13 Dec 2012 for $700,000
2/77a Carter Street, Cammeray - SOLD $862,000
% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 56m2
Price Guide: $? - Opening bid: $780,000
Bidders: 2 - Bids: 19 - Last Sold: 11 Apr 2015 for $785,000
26 Bonnefin Road, Hunters Hill - PASSED IN $2,500,000 (Vendors bid)
% Over agents price guide
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 678m2
Price Guide: $2,500,000 - Opening bid: $2,500,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 08 Apr 1987 for $253,500
2/6-8 Onslow Street, Rose Bay - SOLD $2,102,000
?% Over agents price guide
Unit - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 252m2
Price Guide: $? - Opening bid: $1,750,000
Bidders: 4 - Bids: 29 - Last Sold: 15 Dec 2009 for $950,000
306/174 Goulburn Street Surry Hills - PASSED IN $850,000 (Vendors bid)
% Over agents price guide
Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 66m2
Price Guide: $850,000 - Opening bid: $850,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 31 Oct 2014 for $680,000

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