Auction Results Sydney 20 February 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney property is booming! CBA has forecast house prices will jump 7.5 per cent in 2021. The boom is being driven by record low mortgage rates coupled with a V‑shaped recovery in the labour market.
Similarly, Inner-city apartments have been the hardest hit by COVID-19, due to low immigration and the absence of international students, according to a report by the National Housing Finance and Investment Corporation. This has lead to a short-term drop in rents, putting downward pressure on apartment prices in those markets.
Any downward pressure on rents and apartment prices in Melbourne and Sydney is expected to be short-lived, due to the global roll out of the COVID vaccine, enabling the return of international students and increased immigration levels over the next few years.
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, Cronulla, 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