Auction Results Sydney 10 July 2021

Auction Results Sydney

Comment: Auction Results Sydney

Covid restrictions were putting the brakes on new listings but would do little to derail buyer confidence, said Realestate.com.au head of economic research Cameron Kusher. Melbourne’s four month lockdown discouraged sellers more than buyers.

With no signs of rising inflation yet, it would likely take years of strong economic growth before there was a significant increase in interest rates. Until interest rates lifted from the floor, housing was still a good buy, according to the chief economist for the Centre for Independent Studies Peter Tulip.

AMP Capital chief economist Shane Oliver expects house prices could rise about 25 to 30 per cent before peaking by 2023. NAB chief economist Alan Oster said he expected house prices to rise by about 28 per cent during this current cycle.

With a chronic shortage of properties for sale, there is still plenty of growth to come…

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

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 10 July 2021

CLEARANCE RATE: 75% - SOLD: 6 - PASSED IN: 2 - AUCTIONS: 8

21 Renwick Street, Alexandria - SOLD $2,835,000

49.21% Over agents price guide - Price Per Square Meter: $15,926

Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 178m2

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

Bidders: 6 - Bids: 71 - Last Sold: 5 Nov 2005 for $705,000

309 Belmont Street, Alexandria - SOLD $2,621,888

13.99% Over agents price guide - Price Per Square Meter: $18,999

Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 138m2

Price Guide: $2,300,000 - Opening bid: $2,200,000

Bidders: 6 - Bids: 44 - Last Sold: Not available

4/33 The Esplanade, Cronulla - SOLD $1,555,000

11.07% Over agents price guide - Price Per Square Meter: $23,923

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 65m2

Price Guide: $1,400,000 - Opening bid: $1,400,000 (Vendors bid)

Bidders: 2 - Bids: 20 - Last Sold: 9 Nov 2008 for $580,000

70 Eltham Street, Gladesville - SOLD $1,765,000

17.66% Over agents price guide - Price Per Square Meter: $3,879

House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 455

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

Bidders: 3 - Bids: 14 - Last Sold: 27 Oct 1992 for $206,000

5 Woodstream Crescent, Kellyville- PASSED IN $1,900,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 540m2

Price Guide: $1,750,000 - Opening bid: $1,725,000

Bidders: 2 - Bids: 5 - Last Sold: 25 Aug 2003 for $665,000

2 Inglethorpe Avenue, Kensington - PASSED IN $3,750,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $6,443

House - Beds: 6 - Bath: 4 - Parking: 1 - Land size: 582

Price Guide: $3,700,000 - Opening bid: $3,600,000

Bidders: 1 - Bids: 3 - Last Sold: 23 Mar 2012 for $2,100,000

6 Emmerick Street, Lilyfield - SOLD $2,720,000

23.63% Over agents price guide - Price Per Square Meter: $8,947

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 304m2

Price Guide: $2,200,000 - Opening bid: $2,100,000

Bidders: 8 - Bids: 81 - Last Sold: 9 Nov 2016 for $1,875,0000

17 Pacific Street, Watsons Bay - SOLD Post Auction for $5,200,000

4% Over agents price guide - Price Per Square Meter: $18,705

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 278m2

Price Guide: $5,000,000 - Opening bid: $4,500,000

Bidders: 1 - Bids: 2 - Last Sold: 15 May 2020 for $4,400,000

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