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

Auction Results Sydney 30 October 2021

CLEARANCE RATE: 83.33% - SOLD: 5 - PASSED IN: 1 - AUCTIONS: 6

1507/83-85 Spring Street, Bondi Junction - SOLD $1,815,000

13.43% Over agents price guide - Price Per Square Meter: $?

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

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

Bidders: 3 - Bids: 15 - Last Sold: Not available

1,2&3/3 Yarranabbe Road, Darling Point- PASSED IN $15,000,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $33,407

House - Beds: 7 - Bath: 6 - Parking: 0 - Land size: 449m2

Price Guide: $15,000,000 - Opening bid: $15,000,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: Not available

5 Cuthbert Street, Queens Park- SOLD $4,237,000

5.92% Over agents price guide - Price Per Square Meter: $15,087

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 281m2

Price Guide: $4,000,000 - Opening bid: $3,900,000

Bidders: 2 - Bids: 14 - Last Sold: 8 Dec 1988 for $335,000

18 Wahroonga Avenue, Wahroonga- SOLD $5,637,000

24.52% Over agents price guide - Price Per Square Meter: $4,624

House - Beds: 5 - Bath: 4 - Parking: 3 - Land size: 1219m2

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

Bidders: 3 - Bids: Circa 25 - Last Sold: 20 Oct 1997 for $540,000

10/344 Edgecliff Road, Woollahra - SOLD $1,290,000

12.17% Over agents price guide - Price Per Square Meter: $16,538

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 78m2

Price Guide: $1,150,000 - Opening bid: $1,150,000

Bidders: 3 - Bids: 15 - Last Sold: 7 Feb 2015 for $825,0000

1 Tara Street, Woollahra- SOLD $5,300,000

32.5% Over agents price guide - Price Per Square Meter: $21,457

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 247m2

Price Guide: $4,000,000 - Opening bid: $3,000,000

Bidders: 5 - Bids: 24 - Last Sold: 15 Feb 1985 for $285,000

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