Auction Results Sydney 28 August 2021
Auction Results Sydney
Comment: Auction Results Sydney
Property prices are expected to rise 23 per cent in Sydney this year, according to the ANZ’s latest forecasts, released on Wednesday. “We did think by this time of the year that the momentum in prices would have pulled back. Interest rates are staying low for some time; they’re driving a lot of the market, and we’re seeing high borrowing” said ANZ senior economist Felicity Emmett.
Momentum in the property market is expected to slow in 2022 due to affordability constraints, but is anticipated to grow at around 5%.
In Bellevue Hill in Sydney’s eastern suburbs, house prices jumped a whopping 15.2 per cent last financial year, or more than $850,000, to a median of $6.45 million, which will buy you a three-bedroom house in original-condition on approximately 500 square meters.
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 Paddington, Sandringham, Darling Point, Kangaroo Valley, Bellevue Hill, Narromine and Bowral.
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