Auction Results Sydney 30 July 2022
Auction Results Sydney
Comment: Auction Results Sydney
Sydney house prices fell 2.7 per cent to a median of $1,552,015 million in the June quarter, although it remains 8.3 per cent above June 2021 prices.
Banks are starting to look more closely at potential borrowers’ expenses when they apply for a home loan, mortgage brokers say, and more scrutiny is likely on the way, with the average person’s borrowing power falling by 5 to 10 per cent.
While labour market conditions remain tight, there isn’t a great deal of concern that households will fall behind on their debt repayment schedules, however it is likely that households will be pulling back in other areas of their expenditure to ensure they can fund essential purchases as well keep up to date on their debt servicing obligations.
The return of migration back to Australia is likely to flow into additional rental demand – boosting demand in what is already an extremely tight rental market.
New listings in Sydney were down 8.1% month-on-month in June but were stronger than is typical for this time of 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
Coogee –North Facing Luxury Waterfront 3 Bed Apartment with Uninterrupted Spectacular Ocean Views. 3 | 2 | 1
Paddington – Victorian Classic Of Space and Sunshine With A Large North-Facing Courtyard Perfect For Alfresco Entertaining. 4 | 2 | 0
Surry Hills – 300sqm 4 bedroom penthouse.
Drummoyne – Guide $3.8m. 291sqm block. 3 | 2 | 1
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