Auction Results Sydney 26 September 2020
Auction Results Sydney
Comment: Auction Results Sydney
The combined capital city preliminary auction clearance rate came in at 72.4 per cent, the highest preliminary clearance rate recorded since early March, according to CoreLogic. There is definitely a FOMO (fear of missing out) at recent auctions, with the average number of bidders rising and quality properties selling well over the reserve.
First Home Buyers: Commonwealth Bank Gareth Aird said the time to save for a deposit would continue to increase, as the banks expected property prices to rise by the middle of 2021. He believed the reason first-home buyers home loans were at a decade high was due to borrowing rates lower than rental yields and it’s more attractive to buy than to pay rent. Furthermore, with lenders in discussions with the government to ease lending restrictions, property prices will more than likely rise quicker than previously forecast.
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.