Auction Results Sydney 23 April 2022

Auction Results Sydney

Comment: Auction Results Sydney

The property boom closed with a bang in the Northern Beaches and Eastern Suburbs. Bellevue Hill in the Eastern Suburbs had a staggering $650,000 increase in its median house price from $6.7m to $7.35m and Bronte’s median house price swelled $620,000 from $4.43m to $5.05m. Collaroy on the Northern Beaches was close behind with a $645,000 increase from $2.735m to $3.38m and Manly having the highest annual growth rate after the median house price soared 51 per cent to almost $4.5m.

National residential construction costs increased 9% over the 12 months to March 2022 and up more than 25% over the past five years according to CoreLogic. Construction cost will add a further uncertainty to new building projects and renovations as well as inflationary pressures to the economy. A shortage of key materials such as structural timbers and metal products along with higher fuel costs, and labour shortages, is likely to keep upwards pressure on building costs for some time yet.

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 West Pennant Hills, Waverley, Paddington, Newtown, Darling Point 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 23 April 2022

CLEARANCE RATE: 66.66% - SOLD: 4 - PASSED IN: 2 - AUCTIONS: 6

G03/79 Gould Street, Bondi Beach - SOLD $1,800,000

20% Over agents price guide - Price Per Square Meter: $24,000

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 75m2

Price Guide: $1,500,000 - Opening bid: $1,500,000 ( Vendors bid)

Bidders: 3 - Bids: Circa 15 - Last Sold: 21 Feb 2001 for $96,250

7 Trafalgar Parade, Concord - SOLD $2,951,000

18.04% Over agents price guide - Price Per Square Meter: $5,079

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 581m2

Price Guide: $2,500,000 - Opening bid: $2,300,000

Bidders: 6 - Bids: 142 - Last Sold: Not available

8/35-37 Rangers Road, Cremorne - PASSED IN NO BIDS

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

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 94m2

Price Guide: $1,300,000 - Opening bid: No Bids

Bidders: 0 - Bids: 0 - Last Sold: 21 Nov 2018 for $900,000

2/136 Hastings Parade, North Bondi - SOLD $1,575,000

% Over agents price guide - Price Per Square Meter: $21,575

Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 73m2

Price Guide: $1,500,000 - Opening bid: $1,300,000

Bidders: 4 - Bids: 15 - Last Sold: Not available

13/197 Walker Street, North Sydney - PASSED IN $2,000,000 9 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $17,857

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 112m2

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

Bidders: 0 - Bids: 1 - Last Sold: 29 Jan 2015 for $1,350,000

4 Governor Phillip Place, West Pennant Hills - SOLD $6,035,000

% Over agents price guide - Price Per Square Meter: $2,706

House - Beds: 7 - Bath: 4 - Parking: 7 - Land size: 2,230m2

Price Guide: $ - Opening bid: $

Bidders: # - Bids: # - Last Sold: 24 Fed 1997 for $350,000

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