Auction Results Sydney 5 June 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney house prices jumped another 3.5 per cent last month (up $40,000 in May) to be 11 per cent up over the quarter and the top quartile is up by 12 per cent. 4o experts and economists surveyed, revealed the average house price could rise by 21 per cent in Sydney in 2021.
This increase would be the highest annual increase for the Sydney property market in recent history, beating the previous record of a 15 per cent rise in 2013.
The imbalance between demand and supply is continuing to create urgency amongst buyers, with properties up for sale about 24 per cent below its long-term average. However, it is expected it to slow eventually because you can’t expect such vigorous price gains without people’s ability to service loans.
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 Darling Point, Bellevue Hill, Botany, Bowral, Maroubra, Avalon Beach and Caringbah South.
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