Auction Results Sydney 7 November 2020

Auction Results Sydney

Comment: Auction Results Sydney

The Reserve Bank of Australia has cut the official interest rate by 0.15 to 0.10 per cent

Real Estate Institute of NSW president and Laing+Simmons managing director Leanne Pilkington said rate cut-induced prices rises could make homes less affordable.

“I think the property market is already seeing a lot of price pressure as a result of a lack of stock,” she said. “This rate cut will potentially exacerbate that. History has shown us that whenever interest rates go down, prices go up.

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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 7 November 2020

CLEARANCE RATE:100% - SOLD:5 - PASSED IN:0 - AUCTIONS:5

1 Buckland Street, Alexandria - SOLD $1,414,000

8.76% Over agents price guide

Terrace - Beds: 2 - Bath: 2 - Parking: 2 - Land size: 84m2

Price Guide: $1,300,000 - Opening bid: $1,200,000

Bidders: 3 - Bids: 26 - Last Sold: 20 Jul 2011 for $830,000

152 Eastern Avenue Kingsford - SOLD $1,846,000

?% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 360m2

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

Bidders: 5 - Bids: 18 - Last Sold: 07 May 2019 for $1,800,000

160 Alice Street, Newtown - SOLD $2,210,000

30% Over agents price guide

Terrace - Beds: 4 - Bath: 2 - Parking: 0 - Land size: 142m2

Price Guide: $1,700,000 - Opening bid: $1,915,000

Bidders: 3 - Bids: Circa 50 - Last Sold: 18 Nov 2010 for $1,050,000

131/3 Darling Island Road, Pyrmont - SOLD $1,066,000

1.52% Over agents price guide

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 79

Price Guide: $1,050,000 - Opening bid: $990,000

Bidders: 2 - Bids: 14 - Last Sold: 18 Nov 2010 for $1,050,000

22 Palm Street, St Ives - SOLD $2,780,000

15.83% Over agents price guide

House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 1233m2

Price Guide: $2,400,000 - Opening bid: $2,400,000

Bidders: 4 - Bids: circa 20 - Last Sold: 2017 for $2,285,000

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