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