Auction Results Sydney 3 April 2021

Auction Results Sydney

Comment: Auction Results Sydney

Clients keep saying to me “It feels like Sydney house prices are going up each week” and according to recent data from CoreLogic Sydney house prices are going up approximately $10,000 a week. Prices have jumped 4.3 per cent last month and $100,000 for the average priced house since the start of the year.

More expensive properties have been driving the gains, with the top end of the market rising at a faster pace than more affordable homes.

The only thing tipped to slow down the property boom is the bank regulators steeping in to restrict lending later in the year. 

Commonwealth Bank economist Gareth Aird said price growth over the past three years had been modest due to a sluggish market between 2017 and 2019. “Prices have risen by just 3.8 per cent since September 2017 which means that in real terms they have actually fallen,” he said. It’s still a great time to buy property, with substantial gains predicted over the next two 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, Botany, Bowral, Maroubra, Croydon and North Balgowlah.

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 3 April 2021

CLEARANCE RATE:83.33% - SOLD:5 - PASSED IN:1 - AUCTIONS:6

11/1 Plumer Road, Rose Bay - SOLD $1,176,000

30.66% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 84m2

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

Bidders: 3 - Bids: 30 - Last Sold: 17 Sep 2018 for $915,000

1/35 Midway Drive, Maroubra - SOLD Post Auction $1,525,000

% Over agents price guide

Townhouse - Beds: 4 - Bath: 3 - Parking: 2 - Size: ?m2

Price Guide: $1,500,000 - Opening bid: $1,450,000

Bidders: 1 - Bids: 3 - Last Sold: Not available

11 Lennox Street, Bellevue Hill - PASSED IN $5,700,000

% Over agents price guide

House - Beds: 5 - Bath: 2 - Parking: 1 - Land size: 639m2

Price Guide: $6,000,000 - Opening bid: $5,500,000

Bidders: 2 - Bids: 2 - Last Sold: 10 Jul 2014 for $2,950,000

38 George Street, Paddington - SOLD $3,000,000

55.55% Over agents price guide

Cottage - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 76m2

Price Guide: $1,800,000 - Opening bid: $1,800,000

Bidders: 3 - Bids: 25 - Last Sold: Not available

27 Heeley Street, Paddington - SOLD $3,410,000

% Over agents price guide

House - Beds: 4 - Bath: 2 - Parking: 0 - Land size: 133m2

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

Bidders: 2 - Bids: 15 - Last Sold: 14 May 2007 for $1,480,000

51 Lancaster Road, Dover Heights - SOLD $10,050,000

11.11% Over agents price guide

House - Beds: 4 - Bath: 3 - Parking: 4 - Land size: 658m2

Price Guide: $9,000,000 - Opening bid: $9,000,000

Bidders: 3 - Bids: 16 - Last Sold: 23 Jun 2016 for $5,425,000

Auction Results Sydney

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