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
TBAS® Property News
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NSW:90% | Victoria:92%
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- Lenders lure home buyers with cash as borrowers look to fix rates
- Sydney home inspections down during lockdown, but still high in some pockets
- Australian housing market entering ‘tricky territory’ as affordability starts to bite
- House prices to jump over 20 per cent, with further growth next year: ANZ
- What the median house price gets you in Australia’s most expensive suburbs
- House prices rise by up to $20,000 a week in sought-after neighbourhoods, data shows
Auction Results Sydney 28 August 2021
CLEARANCE RATE: 100% - SOLD: 6 - PASSED IN: 0 - AUCTIONS: 6
6 Kevin Avenue, Avalon Beach - SOLD $3,430,000
27.03% Over agents price guide - Price Per Square Meter: $4,386
House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 782m2
Price Guide: $2,700,000 - Opening bid: $2,850,000
Bidders: 3 - Bids: 41 - Last Sold: 3 Apr 2020 for $1,770,000
5/55 Bream Street, Coogee - SOLD $987,500
16.17% Over agents price guide - Price Per Square Meter: $19,362
Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 51m2
Price Guide: $850,000 - Opening bid: $850,000
Bidders: 5 - Bids: 35 - Last Sold: 1 Feb 2008 for $420,000
19 Sandpiper Place, Kenthurst - SOLD $2,810,000
8.07% Over agents price guide - Price Per Square Meter: $1,133
House - Beds: 7 - Bath: 4 - Parking: 3 - Land size: 2480m2
Price Guide: $2,600,000 - Opening bid: $2,475,000
Bidders: 3 - Bids: Circa 20 - Last Sold: 26 May 2014 for $1,580,000
Glengarry 30 Brummagen Rd Narromine - SOLD $1,560,000
20% Over agents price guide - Price Per Acre: $2,294 per acre
Acreage - Beds: 0 - Bath: 0 - Parking: 0 - Land size: 680 acres
Price Guide: $1,300,000 - Opening bid: $1,100,000
Bidders: 3 - Bids: Circa 25 - Last Sold: Not available
114/3 Darling Island Road, Pyrmont - SOLD $4,307,000
% Over agents price guide - Price Per Square Meter: $23,155
Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 186m2
Price Guide: $? - Opening bid: $3,000,000
Bidders: 5 - Bids: 48 - Last Sold: Not available
7/14 Victoria Avenue, Woollahra - SOLD $850,000
6.25% Over agents price guide - Price Per Square Meter: $15,454
Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 55m2
Price Guide: $800,000 - Opening bid: $#
Bidders: # - Bids: # - Last Sold: Not available

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