Auction Results Sydney 9 July 2022
Auction Results Sydney
Comment: Auction Results Sydney
Australia’s unemployment rate below 4 per cent is a key factor in supporting property prices, combined with substantial equity property owners have gained over the last 3 years, is keeping distressed property listings off the market, and alleviating significant falls. Households have stockpiled more than $250 billion in savings.
Rents are still rising quickly offsetting interest rate rises for investors. The national rental vacancy rate is at its lowest point on record for the fourth consecutive month at 1 per cent and Sydney at a record low of 1.4 per cent.
Reserve Bank governor Philip Lowe has argued that the economy is “fundamentally sound” and played down the risk of recession, and many economists instead expect we will probably have a “soft landing”.
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
Paddington – Price guide: $630,000. 1 bed, 1 bath, 41sqm
Matraville – Price guide: $3m. Duplex. 4 beds, 3 baths, 2 carspaces, pool. Land: 290 sqm
Randwick – Price guide: $3.6m. 5 beds, 2 baths, Land: 262sqm
Wahroonga – Price guide $3m. 4/5 beds, 2.5 baths, 2 car. Spacious family home
Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.