Auction Results Sydney 21 August 2021

Auction Results Sydney

Comment: Auction Results Sydney

Record house prices, more savings, less spending and very low interest rates was still working towards a robust housing market. Commonwealth Bank of Australia’s head of Australian economics, Gareth Aird, said the support of banks and governments had helped give households confidence throughout this outbreak.

Households have saved a lot of money over the past year and are investing it wisely in property. The housing market is well supported pretty much across the country. The major factor there is that interest rates are going to stay low for a long time.

At the moment, distressed selling is lower than last year with 798 distressed listings in NSW. Back in October last year, there were 2250 distressed listings in NSW.

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 Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Lakemba,  Bowral and Kellyville Ridge.

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 21 August 2021

CLEARANCE RATE: 100% - SOLD: 6 - PASSED IN: 0 - AUCTIONS: 6

14 Lennox Street, Bellevue Hill - SOLD $8,930,000

62.36% Over agents price guide - Price Per Square Meter: $12,684

Block of Units - Beds: 8 - Bath: 4 - Parking: 0 - Land size: 704m2

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

Bidders: 5 - Bids: 50 - Last Sold: First time offered

6/49 Francis Street, Bondi Beach - SOLD $1,290,000

17.27% Over agents price guide - Price Per Square Meter: $18,169

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 71m2

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

Bidders: 3 - Bids: 28 - Last Sold: 14 Fed 1996 for $255,000

25/4-8 Edgecumbe Avenue, Coogee - SOLD $1,900,000

11.76% Over agents price guide - Price Per Square Meter: $13,868

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 137m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 4 - Bids: 25 - Last Sold: 30 Jul 2014 for $920,000

288 Pacific Highway, Lindfield - SOLD $3,080,000

23.20% Over agents price guide - Price Per Square Meter: $7,700

Commercial Office - Beds: # - Bath: # - Parking: 10 - Land size: 400m2

Price Guide: $2,500,000 - Opening bid: $2,250,000

Bidders: 5 - Bids: Circa 20 - Last Sold: Not available

90 Irrubel Road, Newport - SOLD $2,155,000

% Over agents price guide - Price Per Square Meter: $3,875

House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 556m2

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

Bidders: 4 - Bids: 20 - Last Sold: 30 Mar 2012 for $770,000

39 Fletcher Street, Woollahra - SOLD $3,425,000

10.48% Over agents price guide - Price Per Square Meter: $20,029

Cottage - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 171m2

Price Guide: $3,100,000 - Opening bid: $3,100,000

Bidders: 3 - Bids: 13 - Last Sold: 15 Apr 2005 for $1,050,000

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