Auction Results Sydney 5 December 2020
Auction Results Sydney
Comment: Auction Results Sydney
National house prices could surpass pre-Covid levels in early 2021. The top performers are Brisbane, Adelaide, Hobart and Canberra. Sydney and Melbourne are back at 2017 prices however, Darwin is at 2006 and Perth at 2007 prices according to a Corelogic report.
This trend is towards stronger conditions in detached housing, but weakness in the unit market due to high supply levels in some regions.
Australia’s economy grew 3.3 per cent in the September quarter, putting a technical end to the recession and giving home buyers further confidence in the housing market. Sydney prices were expected to increase between 7 and 11 per cent in 2021.
A typical house in Sydney is now worth over $1m again, after the property market saw a second consecutive month of price growth in November, up 0.9 of a percent.
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, Enmore, Bowral, Maroubra, St Ives and Avalon Beach.
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