Auction Results Sydney 2 October 2021
Auction Results Sydney
Comment: Auction Results Sydney
The pace of monthly price growth in Sydney continued to slow, with property values rising 1.9 per cent in September. 5.7% for the quarter and 23.6% annually. This is the fastest annual growth in 30 years.
The continued price rises come as financial regulators consider introducing tougher lending standards to curb the growing level of debt. Treasurer Josh Frydenberg has given the green light for them to clamp down on high debt-to-income-ratio loans.
Regulators could introduce a higher serviceability assessment rate – used to assess people’s ability to repay loans if interest rates rise – or limit the proportion of loans that can be issued with a debt-to-income ratio of six or more.
Good news for Property Buyers: The number of homes hitting the market lifted in September – up 15.7 per cent since the recent low point in mid-August.
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 Randwick, Paddington, Sandringham, Darling Point, Bellevue Hill, Oatley and Bowral.
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:91% | Victoria:90%
- Supply and demand the key metric to watch when reading the property market
- Property boom: tide turning for Sydney home buyers
- Profit-making property sales in June quarter rise to highest level in a decade: CoreLogic
- Home buyers pay off credit cards to borrow more for housing, but rarely take out large debts compared to incomes
- House price growth to slow, one way or another
- Property boom: The Sydney areas where homeowners earn up to $135k a year from their properties
- Regulators poised to intervene in Sydney, Melbourne property boom
- Sydney median house price hits $1.3m after $300k spike over past year
- Property price hikes continue to slow, but annual growth at highest level in more than 30 years: CoreLogic
Auction Results Sydney 2 October 2021
CLEARANCE RATE: 100% - SOLD: 7 - PASSED IN: 0 - AUCTIONS: 7
6/62 O'Donnell Street, North Bondi, - SOLD $1,615,000
% Over agents price guide - Price Per Square Meter: $20,705
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 78m2
Price Guide: $? - Opening bid: $1,250,000
Bidders: 8 - Bids: 92 - Last Sold: 19 Sep 2009 for $552,500
9/13 Springfield Avenue, Potts Point - SOLD $1,450,000
% Over agents price guide - Price Per Square Meter: $17,901
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 81m2
Price Guide: $? - Opening bid: $1,300,000
Bidders: 2 - Bids: 18 - Last Sold: 28 Feb 2017 for $1,285,000
7/3 Plumer Road, Rose Bay, - SOLD $1,430,500
19.20% Over agents price guide - Price Per Square Meter: $20,435
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 70m2
Price Guide: $1,200,000 - Opening bid: $1,150,000
Bidders: 6 - Bids: 25 - Last Sold: 17 Aug 2005 for $670,000
11 Norman Street, Rozelle - SOLD $2,665,000
21.13% Over agents price guide - Price Per Square Meter: $14.562
House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 183m2
Price Guide: $2,200,000 - Opening bid: $2,216,000
Bidders: 4 - Bids: 37 - Last Sold: 18 Nov 1998 for $206,0000
29 Smith Street, Ryde - SOLD $2,651,000
10.45% Over agents price guide - Price Per Square Meter: $3,819
House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 694m2
Price Guide: $2,400,000 - Opening bid: $2,400,500
Bidders: 3 - Bids: 26 - Last Sold: 10 Jul 1992 for $228,000
5/7 Wonderland Avenue, Tamarama - SOLD $2,068,500
14.91% Over agents price guide - Price Per Square Meter: $30,419
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 68m2
Price Guide: $1,800,000 - Opening bid: $1,800,000
Bidders: 2 - Bids: 15 - Last Sold: Not available
5/153 New South Head Road, Vaucluse - SOLD $3,998,500
% Over agents price guide - Price Per Square Meter: $13,600
Unit - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 294m2
Price Guide: $? - Opening bid: $2,800,000
Bidders: 6 - Bids: 134 - Last Sold: Not available

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