Auction Results Sydney 19 June 2021

Auction Results Sydney

Comment: Auction Results Sydney

The Reserve Bank has said it is focused on keeping interest rates low to drive down unemployment and the Australian Bureau of Statistics data shows the average new loan has reached a record $635,300 in NSW.

AMP Capital chief economist Shane Oliver said the rate of house price growth had likely peaked. However, values would still rise, albeit at a slower rate, because lower interest rates and government incentives were still pushing up prices.

OECD said Australian house prices had experienced the fourth largest increase in after-inflation prices across the OECD, up by 120 per cent between 2000 and 2020. It also noted house prices are being pushed up by a lack of supply and restrictive land use laws.

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We recently achieved outstanding results in Darling Point,  Croydon, Bellevue Hill, Riverwood, Bowral, Maroubra 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

Auction Results Sydney 19 June 2021

CLEARANCE RATE:85.71% - SOLD:6 - PASSED IN:1 - AUCTIONS:7

12/26 Simpson Street, Bondi Beach - SOLD $2,055,000

?% Over agents price guide - Price Per Square Meter: $16,707

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 123m2

Price Guide: $? - Opening bid: $1,600,000

Bidders: 3 - Bids: 20 - Last Sold: 5 March 1999 for $405,500

82 Wellington Street, Bondi Beach - SOLD $3,000,000

20% Over agents price guide - Price Per Square Meter: $17,241

House - Beds: 2 - Bath: 2 - Parking: 0 - Land size: 174m2

Price Guide: $2,500,000 - Opening bid: $2,500,000

Bidders: 3 - Bids: 15 - Last Sold: 12 May 2008 for $982,500

106 Mill Hill Road, Bondi Junction - SOLD $2,285,000

14.24% Over agents price guide - Price Per Square Meter: $17,576

Terrace - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 130m2

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

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

50 George Street, Dover Heights - PASSED IN $4,015,000

11.52% Over agents price guide - Price Per Square Meter: $15,037

Semi - Beds: 6 - Bath: 4 - Parking: 2 - Land size: 267m2

Price Guide: $3,600,000 - Opening bid: $3,600,000

Bidders: 2 - Bids: 16 - Last Sold: 18 Sep 2019 for $2,700,000

5/260 New South Head Road, Double Bay - SOLD $1,400,000

16.66% Over agents price guide - Price Per Square Meter: $15,053

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 93m2

Price Guide: $1,200,000 - Opening bid: $1,200,000

Bidders: 3 - Bids: 18 - Last Sold: 30 Jul 2010 for $615,000

14 Baringa Road, Mortdale - SOLD $1,625,000

16.07% Over agents price guide - Price Per Square Meter: $3,060

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 531m2

Price Guide: $1,400,000 - Opening bid: $?

Bidders: ? - Bids:? - Last Sold: 2 Jun 2012 for $680,000

3 Fern Street, Waverley - SOLD $2,780,000

?% Over agents price guide - Price Per Square Meter: $11,631

House - Beds: 3 - Bath: 2 - Parking: 0 - Land size: 239m2

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

Bidders: 3 - Bids: 28 - Last Sold: 23 May 2000 for $590,000

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