Auction Results Sydney 25 June 2022

Auction Results Sydney 25 June 2022

Auction Results Sydney 25 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Property prices for cheaper homes are holding up the best in Sydney. More affordable homes priced up to about $829,300 increased a marginal 0.1 per cent over the three months to May. Prices for the top quarter fell 2.7 per cent. Eliza Owen, CoreLogic’s head of residential research for Australia said affordability and credit constraints may have pushed more buyers into the bottom quarter of the market, making the price segment more resilient.

The fear of missing out ‘FOMO’ has certainly evaporated, however buyers with the bargain-hunt mentality waiting to pick the bottom of the market risk missing out on the limited supply of A grade properties coming onto the market. If you find a property that ticks all the boxers, chances are other buyers will see value now and in the future, underpinning it’s value.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Dover Heights – For sale: $14-$15m. 4 beds all with ens. DLUG, pool, views.

Maroubra – Lurline Bay Beach House with views & pool. Guide: $5m. 3 bed, 2 bath, 3 car. 

Balmain – For sale: $1.8m. 2 bedroom freestanding home with parking on 152 sqm.

Vaucluse – Knock down. For sale $7m. Approx. 600sqm. Water views

Haberfield – 4 bed, 2 bath, 2 car. Pool. 695 sqm land Guide: $4-$4.4m

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 25 June 2022

CLEARANCE RATE: 33.33% - SOLD: 2 - PASSED IN: 4 - AUCTIONS: 6

23 Burra Road, Artarmon - PASSED IN $3,650,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $5,251

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 695m2

Price Guide: $3,650,000 - Opening bid: $3,650,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 25 Aug 2005 for $1,280,000

1/19 Roscoe Street, Bondi Beach - PASSED IN $1,350,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $19,285

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 70m2

Price Guide: $ - Opening bid: $1,200,000

Bidders: 1 - Bids: 2 - Last Sold: 23 May 2018 for $1,110,000

69 Cope Street, Redfern - PASSED IN $1,450,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $13,425

Terrace - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 108m2

Price Guide: $ - Opening bid: $1,200,000

Bidders: 1 - Bids: 2 - Last Sold: 26 Jun 2015 for $980,000

31 Onslow Street, Rose Bay - PASSED IN $3,600,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $11,764

Semi - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 306m2

Price Guide: $ - Opening bid: $3,400,000

Bidders: 1 - Bids: 3 - Last Sold: 7 Jun 2003 for $1,297,000

22 Tucabia Street, South Coogee - SOLD $3,620,000

% Over agents price guide - Price Per Square Meter: $6,908

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 524m2

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

Bidders: 4 - Bids: 21 - Last Sold: First time offered

7/41-45 Wallis Street Woollahra - SOLD $895,000

% Over agents price guide - Price Per Square Meter: $14,435

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 62m2

Price Guide: $ - Opening bid: $890,000 (Vendors bid)

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

Auction Results Sydney

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding Service

Articles by TBAS®

Need Help Buying Property?

Subscribe to TBAS® Auction Reports

Auction Results Sydney 18 June 2022

Auction Results Sydney 18 June 2022

Auction Results Sydney 18 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Buyers are in the driver’s seat. Stock levels are above average levels, properties are taking longer to sell and vendors are having to discount more to meet the market. Sydney prices declined by 0.29 per cent over May – the biggest drop in the country – but prices in regional NSW are up 0.25 per cent over the month.

Despite the slowdown in price growth, prices are still up 35% nationally since the start of the pandemic. This increase in prices and equity continues to enable many existing owners to upgrade or change locations. The slowdown has resulted in more balanced conditions for buyers and sellers. Furthermore, the changeover price to buy and sell is decreasing.

Major bank forecasters do not expect the RBA to increase interest rates nearly as quickly as financial markets, pegging the official rate closer to 1.5% or 1.75% at the end of the year.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Darling Point – Guide $3.3m. Unit: 3 bed, 2 bath, 2 car. 126sqm.

Double Bay – Guide: $1.5m. Unit: 2 bed, 1 bath, 1 car. 

Newtown – For sale: $2.2- $2.4m. 3 bed, 2 bath, 1 car. 5.7m wide renovated terrace. 146sqm

Kingsford – Freestanding home. R3 zoning. 418sqm. Level & square.

Mosman – Development site. 2 dwellings side-by-side. 760sqm. R3 zoning. 11m height. Guide: $8m

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 18 June 2022

CLEARANCE RATE: 85.71% - SOLD: 6 - PASSED IN: 1 - AUCTIONS: 7

11/7-9 Birriga Road, Bellevue Hill - SOLD $5,600,000

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

Unit - Beds: 3 - Bath: 2 - Parking: 4 - Unit size: ?m2

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

Bidders: 1 - Bids: 2 - Last Sold: 16 May 1997 for $1,800,000

10/34 Bream Street, Coogee - SOLD $1,585,000

% Over agents price guide - Price Per Square Meter: $17,043

Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 93m2

Price Guide: $? - Opening bid: $1,3800,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 12 Nov 2008 for $555,000

4/191 Darlinghurst Road, Darlinghurst - PASSED IN $740,000 (Vendors bid)

5.71% Over agents price guide - Price Per Square Meter: $12,758

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 58m2

Price Guide: $700,000 - Opening bid: $740,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 23 May 2013 for $530,000

9 Wybalena Place, Jannali - SOLD $1,400,000

% Over agents price guide - Price Per Square Meter: $1,997

House - Beds: 2 - Bath: 2 - Parking: 1 - Land size: 701m2

Price Guide: $1,400,000 - Opening bid: $1,380,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: 3 Oct 2019 for $775,000

83A Wyralla Road, Miranda - SOLD $2,650,000

% Over agents price guide - Price Per Square Meter: $8,333

Duplex - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 318m2

Price Guide: $? - Opening bid: $1,900,000

Bidders: 2 - Bids: 15 - Last Sold: Not available

9 Field of Mars Avenue, Turramurra - SOLD $2,200,000

% Over agents price guide - Price Per Square Meter: $2,173

House - Beds: 4 - Bath: 2 - Parking: 3 - Land size: 1,012m2

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

Bidders: 2 - Bids: 5 - Last Sold: Not available

11 Womerah Street, Turramurra - SOLD $2,400,000

41.17% Over agents price guide - Price Per Square Meter: $2,144

House - Beds: 7 - Bath: 2 - Parking: 2 - Land size: 1,119m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 2 - Bids: 30 - Last Sold: 21 Nov 2014 for $1,200,000

Auction Results Sydney

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding Service

Articles by TBAS®

Need Help Buying Property?

Subscribe to TBAS® Auction Reports

Auction Results Sydney 11 June 2022

Auction Results Sydney 11 June 2022

Auction Results Sydney 11 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Buyers face reduced borrowing power and higher mortgage repayments due to the RBA’s decision to raise rates by 0.5 per cent to 0.85 per cent. Rising rates have already started to flow through to the market quickly as it is capping the borrowing capacity of buyers.

The cash rate is tipped to be around 2.35 per cent by the middle of next year, which could see Sydney property prices drop around 10 per cent. We are not expecting an oversupply of properties from forced sales, due to the substantial equity most Sydneysiders have.

Furthermore, the number of freestanding properties in sought after areas for sale are expected to fall quite a lot as vendors become reluctant to sell in a cooling market.

Gareth Aird, head of Australian economics at Commonwealth Bank, said prices falls could be short-lived. With economic momentum expected to slow significantly, a rate cut could be on the cards by late 2023.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Turramurra – $2.35m. 3 bed, 2 bath, 2 car, Single level home on 986sqm.

Wahroonga – . Modern  quality home in cul-de-sac. Guide: $1.8m. 3 bed, 3 bath, 2 car. 

Lilyfiled – Guide: $2.2m. 3 bed, 2 bath, 1 car. well-appointed family home close to Annandale village.

Bowral – Industrial estate. Land: 4,892m2. Floor size: 1,500m2

Cromer – Guide: $3.5m. 4 bed, 3 bath, 2 car. Double brick home. Lans: 1,012sqm

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 11 June 2022

CLEARANCE RATE: 75% - SOLD: 3 - PASSED IN: 1 - AUCTIONS: 4

45 Wilga Street, Corrimal - SOLD $1,144,000

8.75% Over agents price guide - Price Per Square Meter: $1,643

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 696m2

Price Guide: $960,000 - Opening bid: $960,000

Bidders: 3 - Bids: 16 - Last Sold: First time offered

37 Sowerby Street, Muswellbrook - PASSED IN $950,000 (Vendors bid)

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

House - Beds: 6 - Bath: 4 - Parking: 3 - Land size: 1,920m2

Price Guide: $1,000,000 - Opening bid: $650,000

Bidders: 2 - Bids: 3 - Last Sold: 15 Feb 2002 for $525,000

6 Plumer Road, Rose Bay - SOLD $4,835,000

15.11% Over agents price guide - Price Per Square Meter: $13,174

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 367m2

Price Guide: $4,200,000 - Opening bid: $4,200,000 (Vendors bid)

Bidders: 2 - Bids: 20 - Last Sold: 8 Sep 2000 for $245,000

903/156-158 Pacific Highway, North Sydney - SOLD $2,910,000

0.34% Over agents price guide - Price Per Square Meter: $12,597

Unit - Beds: 3 - Bath: 3 - Parking: 2 - Unit size: 231m2

Price Guide: $2,900,000 - Opening bid: $2,700,000

Bidders: 1 - Bids: 3 - Last Sold: 25 Sep 2014 for $2,450,000

Auction Results Sydney

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding Service

Articles by TBAS®

Need Help Buying Property?

Subscribe to TBAS® Auction Reports

Auction Results Sydney 4 June 2022

Auction Results Sydney 4 June 2022

Auction Results Sydney 4 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Sydney house values this quarter have edged down by 1.3 per cent, but over the past year they are still up by 12 per cent. Unit values fell by 0.7 per cent in the month to be down by 1.6 per cent over the quarter.

Sydney suburbs with the biggest declines in house values are Beaconsfield minus 8.5%, Darlinghurst minus 8.3% and Surry Hills minus 7.8%. Buyer activity has picked up post-election, with many buyers realising now is a good time to upgrade with the change over costs lowering.

SQM Research director Louis Christopher said falls in prices were common in an environment where interest rates were rising and it was likely Sydney prices would continue to dip.

But a “crash” in prices was unlikely due to low unemployment figures. There was also a chance high inflation would prevent a significant price correction.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Tamarama – $28m. 5 bed, 3 bath, 2 car, pool, lift. Views.  Land size approx 500m2. 

Turramurra – $2.5m. 4 bed, 2 bath, 2 car, Beautiful family home.

Randwick – Freestanding house. Guide: $3m. 4 bed, 1 bath, 2 car. Land 493 sqm approx.

Rosebery – Unit: Guide: $1.15m. 3 bed, 2 bath, 1 car. 117sqm approx.

Double Bay – Unit. Guide $1m. 2 bed, 1 bath

Kensington – Guide: $3m. 5 bed, 2 bath, 1 car. Pool. Land 341sqm approx.

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 4 June 2022

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

145 Edinburgh Circuit, Cecil Hills - SOLD $1,100,000

% Over agents price guide - Price Per Square Meter: $2,813

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 391m2

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

Bidders: 3 - Bids: 20 - Last Sold: 18 Nov 2003 for $582,000

99 Cook Road, Centennial Park - SOLD $4,500,000

7.14% Over agents price guide - Price Per Square Meter: $12,261

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 367m2

Price Guide: $4,200,000 - Opening bid: $4,200,000 (Vendors bid)

Bidders: 4 - Bids: 16 - Last Sold: 14 Dec 1984 for $232,000

1/11 Varna Street, Clovelly - SOLD $2,656,000

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

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: ?m2

Price Guide: $ - Opening bid: $1,900,000

Bidders: 5 - Bids: 45 - Last Sold: 21 Oct 2015 for $1,520,500

60 Edward Street, Darlington - SOLD $1,851,000

8.88% Over agents price guide - Price Per Square Meter: $14,927

Terrace - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 124m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 3 - Bids: Circa 30 - Last Sold: 3 Jun 1988 for $159,000

302/16-18 Cross Street, Double Bay - SOLD $1,918,000

3.67% Over agents price guide - Price Per Square Meter: $25,236

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 76m2

Price Guide: $1,850,000 - Opening bid: $1,800,000

Bidders: 1 - Bids: 5 - Last Sold: 1 Dec 2016 for $1,500,000

10 Cascade Street, Paddington - SOLD $3,080,000

18.46% Over agents price guide - Price Per Square Meter: $24,640

Terrace - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 125m2

Price Guide: $2,600,000 - Opening bid: $2,600,000

Bidders: 4 - Bids: 16 - Last Sold: 1 Oct 1996 for $480,000

44 Towns Road, Vaucluse - SOLD $9,000,000

12.5% Over agents price guide - Price Per Square Meter: $?

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

Price Guide: $8,000,000 - Opening bid: $7,000,000

Bidders: 3 - Bids: 23 - Last Sold: 14 Dec 1984 for $232,000

Auction Results Sydney

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding TBAS®

Auction Bidding Service

Articles by TBAS®

Need Help Buying Property?

Subscribe to TBAS® Auction Reports