Auction Results Sydney 30 October 2021
Auction Results Sydney
Comment: Auction Results Sydney
Housing affordability across Sydney has collapsed, with the average household spending more than 45 per cent of it servicing their new mortgage according to an analysis by Moody’s Investors Service. Moody’s expects dwelling prices, which have climbed in Sydney by 1.3 per cent so far this October to continue increasing albeit at a slower pace.
The median house in Sydney is almost $1.5 million, and for that budget you’re not anywhere near the CBD…And Westpac expects property prices to rise 8 per cent during 2022 and finish the year flat, senior economist Matthew Hassan said.
Demand for fully renovated homes has been on the rise in recent months, with Sydney buyers prepared to pay a premium, due to the higher costs of engaging builders and the significant time and stress involved in renovating. More & More buyers are looking for ‘Turnkey’ properties.
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 Randwick, Paddington, Sandringham, Darling Point, Bellevue Hill, Oatley 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 proper