Auction Results Sydney 13 March 2021

Auction Results Sydney

Comment: Auction Results Sydney

The Reserve Bank chairman Philip Lowe said he was essentially keeping an eye on the property market but that holding interest rates at their current historically low level was front and centre of his economic agenda, even though when the international borders open and the expats come home property prices are expected to really take off.

CBA head of Australian economics Gareth Aird said with high auction clearance rates, a jump in new lending and an undersupply of properties it’s “all pointing towards housing at red hot levels”.

With a strengthening economy and a return to normalisation of Australia’s migration program, demand is expected to well and truly exceed supply over the next 3-4 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

Auction Results Sydney 13 March 2021

CLEARANCE RATE:71.42% - SOLD:5 - PASSED IN:2 - AUCTIONS:7

67 Latimer Road, Bellevue Hill - PASSED IN $10,500,000 (Vendors bid)

% Over agents price guide

House - Beds: 6 - Bath: 5 - Parking: 2 - Land size: 979m2

Price Guide: $10,000,000 - Opening bid: $10,500,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 2 Sep 2015 for $4,210,000

25 O'Brien Street, Bondi Beach - PASSED IN $4,200,000

% Over agents price guide

Block of Units - Beds: 3 - Bath: 3 - Parking: 0 - Land size: 258m2

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

Bidders: 5 - Bids: 13 - Last Sold: 1 Apr 1996 for $500,000

5/380 Bronte Road, Bronte - SOLD $1,390,000

26.36% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 82m2

Price Guide: $1,100,000 - Opening bid: $1,000,000

Bidders: 4 - Bids: 21 - Last Sold: 28 Jan 2021 for $1,100,000

76B Beach Street, Coogee - SOLD $3,760,000

70.90% Over agents price guide

Semi - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 289m2

Price Guide: $2,200,000 - Opening bid: $3,000,000

Bidders: 5 - Bids: circa30 - Last Sold: Not available

14a Brighton Street, Croydon - SOLD $2,050,000

20.58% Over agents price guide

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 743m2

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

Bidders: 6 - Bids: circa 20 - Last Sold: Not available

84 Underwood Street, Paddington - PASSED IN $2,050,000 (VB) SOLD PRIOR

% Over agents price guide

Terrace - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 195m2

Price Guide: $2,000,000 - Opening bid: $1,900,000

Bidders: 1 - Bids: 2 - Last Sold: 20 Nov 2013 for $1,250,000

15A Owen Street, North Bondi - SOLD $3,500,000

16.66% Over agents price guide

Semi - Beds: 5 - Bath: 2 - Parking: 1 - Land size: 209m2

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

Bidders: 3 - Bids:10 - Last Sold: 8 Oct 2012 for $1,600,000

Auction Results Sydney

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