Auction Results Sydney 17 October 2020

Auction Results Sydney

Comment: Auction Results Sydney

National asking rents for units dropped further over the September quarter, with asking prices down 4.2 per cent to March, while national house rents have regained last quarter’s falls.

Sydney’s City and East, and Lower North Shore were the hardest hit for housing rental declines, with weekly asking rents falling by $55 and $30. Unit rents experienced similar falls, with Sydney’s City and East, Lower North Shore and Canterbury Bankstown hardest hit.

Elevated rental vacancy rates in Sydney and Melbourne continue to push city rents downwards, particularly in the CBD and inner-ring suburbs close to the CBDs.

House prices have been buffered by government stimulus packages, with the market starting to turn around in some cities.

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

Auction Results Sydney 17 October 2020

CLEARANCE RATE:57% - SOLD:4 - PASSED IN:3 - AUCTIONS:7

6 Rose Street Bowral - SOLD $785,000

% Over agents price guide

House - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 949m2

Price Guide: $? - Opening bid: $700,000

Bidders: 2 - Bids: 12 - Last Sold: Not available

3/213-215 Edgecliff Road, Edgecliff - SOLD $1,050,000

31.25% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 72m2

Price Guide: $? - Opening bid: $770,000

Bidders: 2 - Bids: 38 - Last Sold: 23 May 2018 for $870,000

31/442 Edgecliff Road, Edgecliff - SOLD $3,550,000

10.93% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 158m2

Price Guide: $3,200,000 - Opening bid: $3,200,000

Bidders: 2 - Bids: 9 - Last Sold: 27 Jan 1989 for $950,000

122 Brighton Boulevard, North Bondi - SOLD $11,300,000

13% Over agents price guide

Block of Units - Beds: 7 - Bath: 5 - Parking: 0 - Land size: 329m2

Price Guide: $10,000,000 - Opening bid: $10,000,000

Bidders: 2 - Bids: 9 - Last Sold: 22 Aug 1991 for $165,000

4/14 Manion Avenue, Rose Bay - PASSED IN $1,040,000

% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 89m2

Price Guide: $1,040,000 - Opening bid: $1,040,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 5 Apr 2012 for $590,000

400 Bourke Street, Surry Hills - PASSED IN $3,000,000 (Vendors bid)

% Over agents price guide

Terrace - Beds: 5 - Bath: 2 - Parking: 2 - Land size: 171m2

Price Guide: $3,000,000 - Opening bid: $3,000,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 30 Jul 2015 for $2,205,000

1/390 Edgecliff Road, Woollahra - PASSED IN $3,000,000

% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 180m2

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

Bidders: 1 - Bids: 1 - Last Sold: 07 Mar 2018 for $2,950,000

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