Auction Results Sydney 7 November 2020
Auction Results Sydney
Comment: Auction Results Sydney
The Reserve Bank of Australia has cut the official interest rate by 0.15 to 0.10 per cent
Real Estate Institute of NSW president and Laing+Simmons managing director Leanne Pilkington said rate cut-induced prices rises could make homes less affordable.
“I think the property market is already seeing a lot of price pressure as a result of a lack of stock,” she said. “This rate cut will potentially exacerbate that. History has shown us that whenever interest rates go down, prices go up.
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 Bellevue Hill, Kensington, Bowral, Maroubra, Tempe and Neutral Bay.
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 property
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:81% | Victoria:80%
- November interest rate announcement: Reserve Bank cuts cash rate to bolster economy
- Sydney property market: prices on the rise as east and northern beaches bounce back
- Sydney auctions: seller’s market emerges for houses on bumper auction day
- CBA launches moratorium on forced home sales until September 2021
- Latest interest rate cut could put more upward pressure on housing prices, bank economists say
- The suburbs in east coast cities where property prices are at 2015 levels
Auction Results Sydney 7 November 2020
CLEARANCE RATE:100% - SOLD:5 - PASSED IN:0 - AUCTIONS:5
1 Buckland Street, Alexandria - SOLD $1,414,000
8.76% Over agents price guide
Terrace - Beds: 2 - Bath: 2 - Parking: 2 - Land size: 84m2
Price Guide: $1,300,000 - Opening bid: $1,200,000
Bidders: 3 - Bids: 26 - Last Sold: 20 Jul 2011 for $830,000
152 Eastern Avenue Kingsford - SOLD $1,846,000
?% Over agents price guide
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 360m2
Price Guide: $? - Opening bid: $1,750,000
Bidders: 5 - Bids: 18 - Last Sold: 07 May 2019 for $1,800,000
160 Alice Street, Newtown - SOLD $2,210,000
30% Over agents price guide
Terrace - Beds: 4 - Bath: 2 - Parking: 0 - Land size: 142m2
Price Guide: $1,700,000 - Opening bid: $1,915,000
Bidders: 3 - Bids: Circa 50 - Last Sold: 18 Nov 2010 for $1,050,000
131/3 Darling Island Road, Pyrmont - SOLD $1,066,000
1.52% Over agents price guide
Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 79
Price Guide: $1,050,000 - Opening bid: $990,000
Bidders: 2 - Bids: 14 - Last Sold: 18 Nov 2010 for $1,050,000
22 Palm Street, St Ives - SOLD $2,780,000
15.83% Over agents price guide
House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 1233m2
Price Guide: $2,400,000 - Opening bid: $2,400,000
Bidders: 4 - Bids: circa 20 - Last Sold: 2017 for $2,285,000

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