Auction Results Sydney 26 March 2022

Auction Results Sydney

Comment: Auction Results Sydney

The Sydney property has cooled off after a strong start to the year with clearance rates 10 per cent lower than this time last year. Last Saturday’s clearance rate was 68.3 per cent. Factors including the Federal Election in May,  Easter Break & school holidays in April, talk of interest rate rises later this year and the war in Ukraine are concerns for buyers and sellers.

One in 10 homes for sale in February were offering discounts. The average proportion of listings where sellers discounted the price in Sydney jumped from 5.9 per cent in July, during the city’s second major lockdown, to 10.5 per cent in February.

Despite that, the appetite for free standing properties across metropolitan Sydney are continuing to be highly contested at auctions with multiple bidders on every property.

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, Hurstville Grove, Gymea Bay 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 March 2022

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

41 Hall Street Bondi Beach - PASSED IN $9,800,000

% Over agents price guide - Price Per Square Meter: $33,793

Commercial - Floor area: 290m2 - Bath: # - Parking: # - Land size: 290m2

Price Guide: $? - Opening bid: $9,000,000

Bidders: 3 - Bids: 5 - Last Sold: 10 Jun 1988 for $255,000

302 Arden Street, Coogee - PASSED IN $6,100,000 (Vendors bid)

22% Over agents price guide - Price Per Square Meter: $18,885

Boarding House - Beds: 12 - Bath: 5 - Parking: 1 - Land size: 323m2

Price Guide: $5,000,000 - Opening bid: $5,700,000

Bidders: 3 - Bids: 7 - Last Sold: 9 Feb 2005 for $1,450,000

17 Japonica Road, Epping - SOLD $2,550,000

18.60% Over agents price guide - Price Per Square Meter: $2,519

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 1012m2

Price Guide: $2,150,000 - Opening bid: $2,050,000

Bidders: 5 - Bids: 24 - Last Sold: First time offered

16/22 Hardy Street, North Bondi - SOLD $770,000

10% Over agents price guide - Price Per Square Meter: $14,259

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 54m2

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

Bidders: 2 - Bids: 12 - Last Sold: 20 Jul 2007 for $395,000

25 Bourke Street Queens Park - SOLD $3,200,000

28% Over agents price guide - Price Per Square Meter: $19,512

Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 164m2

Price Guide: $2,500,000 - Opening bid: $2,200,000

Bidders: 3 - Bids: 30 - Last Sold: 27 Jun 2001 for $580,000

15 Hooper Street, Randwick - SOLD $2,750,000

1.85% Over agents price guide - Price Per Square Meter: $8,160

House - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 337m2

Price Guide: $2,700,000 - Opening bid: $2,300,000

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

3 Wilberforce Ave, Rose Bay - SOLD $4,115,000

46.96% Over agents price guide - Price Per Square Meter: $13,022

House - Beds: 3 - Bath: 2 - Parking: 0 - Land size: 316m2

Price Guide: $2,800,000 - Opening bid: $2,500,000

Bidders: 5 - Bids: 55 - Last Sold: 22 Jan 1986 for $175,000

12/38-48 Marshall Street, Surry Hills - SOLD $2,042,000

10.37% Over agents price guide - Price Per Square Meter: $20,836

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 98m2

Price Guide: $1,850,000 - Opening bid: $1,850,000

Bidders: 4 - Bids: 21 - Last Sold: 17 Feb 2011 for $878,000

Auction Results Sydney 5 March 2022

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