Auction Results Sydney 20 November 2021

Auction Results Sydney

Comment: Auction Results Sydney

House prices are still set to grow faster than wages next year, economists warn. Wages growth and house price rises had made it “extremely difficult” for those who did not already own property to get into the market.

Weekly pay rose by 2.2 per cent nationally over the year to September and Sydney house prices up by more than 30 per cent over the year.

ANZ forecast that house prices would continue to rise – by just over 6 per cent next year – before falling by around 4 per cent in 2023 due to affordability constraints, influx of listings and a rise in mortgage rates.

Westpac senior economist Matthew Hassan believes the Reserve Bank would raise the cash rate by early to mid-2023 by 15 basis points, with other rises expected later in the year.

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, Neutral Bay, Darling Point, Bellevue Hill, Wahroonga and Mosman.

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 20 November 2021

CLEARANCE RATE: 33.33% - SOLD: 2 - PASSED IN: 4 - AUCTIONS: 6

60 Denison Road, Lewisham - SOLD $2,820,000

28.18% Over agents price guide - Price Per Square Meter: $9,306

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 303m2

Price Guide: $2,200,000 - Opening bid: $2,175,000

Bidders: 4 - Bids: circa 25 - Last Sold: 24 Jul 1991 for $158,000

3 Eulalie Avenue, Randwick - PASSED IN $2,700,000 (Vendors bid)

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

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 255m2

Price Guide: $2,600,000 - Opening bid: $2,700,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 20 Oct 1994 for $315,000

65 The Avenue, Rose Bay - PASSED IN $3,650,000 (Vendors bid)

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

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 292m2

Price Guide: $3,650,000 - Opening bid: $3,650,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 4 Aug 1997 for $420,000

7/67 Ocean Street, Woollahra - SOLD $1,375,000

5.76% Over agents price guide - Price Per Square Meter: $16,566

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 83m2

Price Guide: $1,300,000 - Opening bid: $1,300,000 (Vendors bid)

Bidders: 1 - Bids: 3 - Last Sold: 14 Nov 1995 for $217,000

10/87 Ocean Street, Woollahra - PASSED IN $1,200,000 (Vendors bid)

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

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

Price Guide: $1,200,000 - Opening bid: $1,200,000 (Vendors bid)

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

47 Wallis Street, Woollahra - PASSED IN $4,550,000

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

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

Price Guide: $4,500,000 - Opening bid: $4,450,000

Bidders: 1 - Bids: 3 - Last Sold: First time offered

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