Auction Results Sydney 26 February 2022

Auction Results Sydney

Comment: Auction Results Sydney

Sydney Housing Shortage: There is a Historic shortage of new homes being built in Sydney, down 30% in three years, which is creating a major supply problem for buyers. Apartment completions have nearly halved from their peak in 2018. Population will increase this year with the opening of international boarders and Sydney Real Estate is expected to keep rising.

The latest prediction is for Sydney Property Prices to rise by 9 per cent this year and fall by around 5 percent next year. Buyers waiting for the market to fall could risk being priced out of the market, once again…

Interest rates are expected to rise later this year to combat inflation and wage growth, however a housing shortage and strong migration will prevent a decline in Sydney Real Estate for quite some time!

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 Waverley, Paddington, Newtown, Darling Point, St Marys 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 26 February 2022

CLEARANCE RATE: 100% - SOLD: 7 - PASSED IN: 0 - AUCTIONS: 7

53 Francis Street, Bondi Beach - SOLD $3,230,000

0.93% Over agents price guide - Price Per Square Meter: $11,788

House - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 274m2

Price Guide: $3,200,000 - Opening bid: $3,200,000 (Vendors bid)

Bidders: 2 - Bids: 2 - Last Sold: Not available

14/29-31 Waverley Street, Bondi Junction - SOLD $2,175,000

0% Over agents price guide - Price Per Square Meter: $?

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

Price Guide: $2,200,000 - Opening bid: $2,100,000

Bidders: 1 - Bids: 3 - Last Sold: Not available

40/28 Evans Avenue, Eastlakes - SOLD $670,000

3.07% Over agents price guide - Price Per Square Meter: $8,933

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 75m2

Price Guide: $650,000 - Opening bid: $650,000

Bidders: 1 - Bids: 2 - Last Sold: 4 May 2015 for $580,000

18 South Street, Edgecliff - SOLD $2,205,000

?% Over agents price guide - Price Per Square Meter: $13,955

House - Beds: 3 - Bath: 2 - Parking: 0 - Land size: 158m2

Price Guide: $? - Opening bid: $2,200,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: 10 Apr 1996 for $405,000

38 West Crescent, Hurstville Grove - SOLD $Price Withheld

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

Price Guide: $4,500,000 - Opening bid: $4,275,000

Bidders: 3 - Bids: Circa 30 - Last Sold: 6 Dec 2014 for $2,910,000

1A Glover Street, Mosman - SOLD $4,115,000

?% Over agents price guide - Price Per Square Meter: $7,082

Price Guide: $? - Opening bid: $3,500,000

Bidders: 3 - Bids: 20 - Last Sold: Not available

3/22 Lawson Street, Nelson Bay - SOLD $955,000

% Over agents price guide - Price Per Square Meter: $6,773

Townhouse - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 141m2

Price Guide: $? - Opening bid: $800,000

Bidders: 3 - Bids: 20 - Last Sold: 4 Apr 2017 for $685,0000

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