Auction Results Sydney 27 November 2021

Auction Results Sydney

Comment: Auction Results Sydney

CoreLogic figures show Sydney property prices soared about 25 per cent over the past 12 months, with another rise of 5 per cent or 6 per cent expected during 2022.

Shane Oliver, chief economist at AMP Capital, expects interest rates to start rising slightly by the end of 2022, which will dampen the housing market by around 5-8 per cent in 2023.

MyHousingMarket’s Wilson is more bullish. He says property prices in both cities could still rise by about 5 per cent during 2023 because of a revival of the economy to pre-COVID-19 levels, plus a return to strong migration that would refuel demand for property.

Either way, Buy Real Estate! It’s too risky to sit on the sideline…

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 27 November 2021

CLEARANCE RATE: 75% - SOLD: 6 - PASSED IN: 2 - AUCTIONS: 8

24/11 Yarranabbe Road, Darling Point - SOLD $2,150,000

7.5% Over agents price guide - Price Per Square Meter: $23,626

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 97m2

Price Guide: $2,000,000 - Opening bid: $1,800,000

Bidders: 2 - Bids: 12 - Last Sold: First time offered

10 Myuna Road, Dover Heights- SOLD $5,025,000

28.84% Over agents price guide - Price Per Square Meter: $14,532

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 346m2

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

Bidders: 3 - Bids: 34 - Last Sold: First time offered

8 Napier Street, Dover Heights - SOLD $7,510,000

26.16% Over agents price guide - Price Per Square Meter: $11,344

House - Beds: 4 - Bath: 4 - Parking: 3 - Land size: 662m2

Price Guide: $6,000,000 - Opening bid: $5,500,000

Bidders: 5 - Bids: 46 - Last Sold: First time offered

100 Probert Street, Newtown- SOLD $2,205,000

10.25% Over agents price guide - Price Per Square Meter: $17,362

Terrace - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 127m2

Price Guide: $2,000,000 - Opening bid: $2,125,000

Bidders: 2 - Bids: 9 - Last Sold: 9 Sep 2011 for $886,000

5A/8 St Mervyns Avenue, Point Piper - SOLD $7,350,000

17.59% Over agents price guide - Price Per Square Meter: $?

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: ?m2

Price Guide: $6,250,000 - Opening bid: $6,000,000

Bidders: 3 - Bids: 19 - Last Sold: First time offered

49 Greendale Avenue, Pymble - Purchased Pre-Auction $3,850,000

16.66% Over agents price guide - Price Per Square Meter: $4,144

House - Beds: 5 - Bath: 2 - Parking: 3 - Land size: 929m2

Price Guide: $3,300,000 - Opening bid: $#

Bidders: # - Bids: # - Last Sold: 2 Apr 2001 for $752,000

15 Chelsea Street, Redfern - SOLD $2,501,000

25.05% Over agents price guide - Price Per Square Meter: $11,265

Terrace - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 222m2

Price Guide: $2,000,000 - Opening bid: $2,125,000

Bidders: 4 - Bids: Circa 40 - Last Sold: 27 Mar 1998 for $500,000

16/2 Oceanview Avenue, Vaucluse - SOLD $2,000,000

17.64% Over agents price guide - Price Per Square Meter: $20,618

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 97m2

Price Guide: $1,700,000 - Opening bid: $1,500,000

Bidders: 3 - Bids: 106 - Last Sold: 3 Jul 1989 for $376,000

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