Auction Results Sydney 7 September 2019 - TBAS® Buyers Agents
Auction Results Sydney 7 September 2019.
Clearance Rate: 92.30% - Sold: 12 - Passed In: 1 - Withdrawn: 0 - Auctions: 13
11 Cuzco St South Coogee - SOLD $3,100,000
19.23% Over the price guide
House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 360m2
Price Guide: $2,600,000 - Opening bid: $2,800,000
Bidders: 2 - Bids: 13 - Last Sold: 28 June 2008 $1,900,000
Notes: Great result with only 2 active bidders, selling well over the price guide.
https://www.realestate.com.au/property-house-nsw-south+coogee-131651986
TBAS® Property News
Auction Clearance Rate - NSW: 81% | Victoria: 77%
Warning for Real Estate Agents Under Quoting
Sydney & Melbourne House Values Rocket on Lower Rates
National Dwelling Values Record First Rise since October 2017
Trying to Time the Real Estate Market? Don't Bother!
11 Taylor St Annandale - SOLD $2,050,000
28.12% Over the price guide
House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 149m2
Price Guide: $1,600,000 - Opening bid: $1,500,000
Bidders: 4 - Bids: 21 - Last Sold: Not available
Notes: Large crowd witnessed 4 active bidders compete for a small parcel of land in Annandale, selling for a fantastic price
https://m.realestate.com.au/property-house-nsw-annandale-131697466
6/36-38 Penkivil St Bondi - SOLD $1,200,000
4.34% Over price guide
Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 148m2
Price Guide: $1,150,000 - Opening bid: $1,185,000
Bidders: 2 - Bids: 7 - Last Sold: 18 Feb 1999 $535,000
Notes: An extremely drawn out auction, taking around 25 minutes for 7 bids, finally selling for $1,200,000
https://m.realestate.com.au/sold/property-apartment-nsw-bondi-131723506
67 Wentworth St Randwick - SOLD $7,340,000
7.94% Over price guide
Block of Units - Beds: 18 - Bath: 9 - Parking: 9 - Land size: 630m2
Price Guide: $6,800,000 - Opening bid: $6,500,000
Bidders: 3 - Bids: 31 - Last Sold: Not available
Notes: 3 active bidders competing for a fantastic investment opportunity, a block of 9 units, selling for $7,340,000
https://m.realestate.com.au/sold/property-unitblock-nsw-randwick-131665366
11/28 Edward St Bondi - SOLD $1,460,000
12.30% Over price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 630m2
Price Guide: $1,300,000 - Opening bid: $1,280,000
Bidders: 3 - Bids: 12 - Last Sold: 18 Aug 2011 $900,000
Notes: The auctioneer had to kick start the auction with a sellers bid, then 3 active bidders pushed the price well over the price guide
https://m.realestate.com.au/sold/property-apartment-nsw-bondi-131687742
10/4 Young St Paddington - SOLD $985,000
3.68% Over price guide
Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 51m2
Price Guide: $950,000 - Opening bid: $950,000
Bidders: 2 - Bids: 6 - Last Sold: 23 Nov 1998 $315,000
Notes: With only a handful of bids, the property sold just over the price guide
https://m.realestate.com.au/sold/property-apartment-nsw-paddington-131690578
5/591 Old South Head Rd Rose Bay - SOLD $826,000
14.72% Over price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: ?m2
Price Guide: $720,000 - Opening bid: $720,000
Bidders: 2 - Bids: 38 - Last Sold: Not available
Notes: Only 2 active bidders, however the property sold well over the price guide
https://m.realestate.com.au/sold/property-apartment-nsw-rose+bay-131716138
8 Marne St Vaucluse - PASSED IN
Block of Units - Beds: 15 - Bath: 9 - Parking: 7 - Land size: 577m2
Price Guide: $5,900,000 - Opening bid: $0
Bidders: 0 - Bids: 0 - Last Sold: 9 Mar 2015 $5,750,000
Notes: Despite 7 registered bidders ( so we were told) there were no bids, even though there was extensive prompting from the auctioneer reiterating the price guide was only around $6m
https://m.realestate.com.au/property-unitblock-nsw-vaucluse-131604254
3/43 Sir Thomas Mitchell Rd Bondi Beach - SOLD $1,300,000
18.18% Over the price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 74m2
Price Guide: $1,100,000 - Opening bid: $1,000,000
Bidders: 4 - Bids: 19 - Last Sold: 18 Oct 2004 $487,000
Notes: Older style apartment with fantastic growth potential, selling well over the price guide
https://m.realestate.com.au/property-apartment-nsw-bondi+beach-131714222
101 Francis St Bondi Beach - SOLD $2,827,000
4.7% Over the price guide
Terrace - Beds: 4 - Bath: 3 - Parking: 0 - Land size: 211m2
Price Guide: $2,700,000 - Opening bid: $2,700,000
Bidders: 3 - Bids: 9 - Last Sold: 31 Mar 2014 $1,935,000
Notes: It took a lot of prompting by the agents to convince the the vendors & buyers to agree on a price, the auctioneer finally knocking it down for $2,827,000
https://m.realestate.com.au/sold/property-house-nsw-bondi+beach-131722258
6 Blakesley St Chatswood - SOLD $3,650,000
4.28% Over the price guide
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 562m2
Price Guide: $3,500,000 - Opening bid: $3,300,000
Bidders: 2 - Bids: 14 - Last Sold: 13 Apr 2012 $1,500,000
Notes: With only 2 active bidders the agents were forced to negotiate with the vendors during the auction to reduce the reserve to match the final bid of $3.65
https://www.realestate.com.au/property-house-nsw-chatswood-131579858
5/4 Billyard Ave Elizabeth Bay - SOLD $2,970,000
10% Over the price guide
Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 99m2
Price Guide: $2,700,000 - Opening bid: $2,500,000
Bidders: 3 - Bids: 32 - Last Sold: 14 Dec 2016 $2,400,000
Notes: Great contest between the 3 bidders for the stunning waterfront apartment, selling well over the price guide.
https://www.realestate.com.au/property-apartment-nsw-elizabeth+bay-131750542
65 Mill Dr North Rocks - SOLD $1,455,000
3.92% Over the price guide
House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 767m2
Price Guide: $1,400,000 - Opening bid: $1,250,000
Bidders: 6 - Bids: 22 - Last Sold: 30 Oct 2008 $295,000
Notes: Huge crowd of onlookers and 6 bidders led to quick fire bidding, selling for $1,455,000
https://www.realestate.com.au/property-house-nsw-north+rocks-131730938
Monthly Auction Statistics
Average Number of Bidders
Apr: 2.01 May: 2.22 Jun: 2.72 Jul: 2.69 Aug: 2.13
Average Number of Bids
Apr: 15.44 May: 14.66 Jun: 15.95 Jul: 12.46
Aug: 13.0
Average % Over Agents Price Guide
Apr: 10.09% May: 8.0% Jun: 8.59% Jul: 8.32% Aug: 7.04%
Clearance Rate / Auctions Attended
Apr: 52%/38 May: 67%/19 Jun: 67%/57 Jul: 68%/26 Aug: 54%/46
Recent Media for TBAS®
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Need Help Buying Property?
Contact Rodney McLoughlin – Director
TBAS® Buyers Agents
rodney@tbas.live – 0418 474 304
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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.
