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

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