Auction Results Sydney 10 August 2019 - TBAS® Buyers Agents
Auction Results Sydney 10 August 2019.
Clearance Rate: 57.14% - Sold: 4 - Passed In: 3 - Withdrawn: 0 - Auctions: 7
April 2019 Auction Statistics
Average No. Bidders: 2.01 Average No. Bids: 15.44 Average % Over Agents Price Guide: 10.9% Clearance Rate: 52.33% Auctions: 38
May 2019 Auction Statistics
Average No. Bidders: 2.22 Average No. Bids: 14.66 Average % Over Agents Price Guide: 8% Clearance Rate: 67.66% Auctions: 19
June 2019 Auction Statistics
Average No. Bidders: 2.72 Average No. Bids: 15.95 Average % Over Agents Price Guide: 8.59% Clearance Rate: 67.8% Auctions: 57
July 2019 Auction Statistics
Average No. Bidders: 2.69 Average No. Bids: 12.46 Average % Over Agents Price Guide: 8.32% Clearance Rate: 68.32% Auctions: 26
57 Raglan St Malabar - SOLD $1,816,000
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 325m2
10.06% Over price guide
Price Guide: $1,650,000 - Opening bid: $1,650,000
Bidders: 4 - Bids: 25 - Last Sold: 16 Dec 2016 $1,400,000
Notes: Good contest between 4 active bidders in front of a large crowd, selling well over the price guide. Great result
5/141 Coogee Bay Rd Coogee - SOLD - $1,072,500
7.24% Over price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 123m2
Price Guide: $1,000,000 - Opening bid: $1,000,000
Bidders: 2 - Bids: 10 - Last Sold: Not available
Notes: The 2 active bidders made a handful of bids each, pushing the property slightly over the reserve and selling for a reasonable price.
14/65 Coogee Bay Rd Coogee - PASSED IN $935,000
Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: ?m2
Price Guide: $975,000 - Opening bid: $900,000 (rejected)
Bidders: 2 - Bids: 3 - Last Sold: 1 Jul 2011 $728,000
Notes: The opening bid of $900k was rejected, a second bid of $925k was accepted, however with a lack on spirited bidding the property was passed in well below the price guide at $935k. The vendors will need to adjust their price expectations if they want a sale in the near future.
57 Bundarra Rd Bellevue Hill - PASSED IN $6,500,000
House - Beds: 5 - Bath: 4 - Parking: 2 - Land size: 1081m2
Price Guide: $6,500,000 - Opening bid: $6,000,000
Bidders: 1 - Bids: 2 - Last Sold: 26 Sep 2014 $5,210,000
Notes: There was an opening bid of $6,000,000, which was well below the price guide, therefore the auctioneer exercised his right to place a sellers bid of $6,500,000. The property was passed in at that price.
503/184 Forbes St Darlinghurst - SOLD $1,975,000
3.94% Over price guide
Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit Size: 111m2
Price Guide: $1,900,000 - Opening bid: $1,900,000
Bidders: 2 - Bids: 4 - Last Sold: 31 Jul 2001 $612,500
Notes: After the opening bid of $1.9m, a vendors bid was placed at $1.950, which encouraged the second bidder to place only 1 bid. The property was sold after a 5 minute break to the opening bidder at $1.975
18 Church St Paddington - PASSED IN $1,500,000
Terrace - Beds: 3 - Bath: 1 - Parking: 0 - Land Size: 96m2
Price Guide: $1,500,000 - Opening bid: $1,500,000 (sellers bid)
Bidders: 0 - Bids: 1 (sellers bid) - Last Sold: 15 May 2013 $985,000
Notes: Despite registered bidders in the crowd, the property was passed in with no bids, except the sellers bid.
11a Winchcombe Pl Castle Hill - SOLD $1,655,000
10.33% Over the price guide
House - Beds: 4 - Bath: 2 - Parking: 2 - Land Size: 933m2
Price Guide: $1,500,000 - Opening bid: $1,300,000
Bidders: 6 - Bids: 28 - Last Sold: 21 Aug 2012 $790,000
Notes: Strong bidding in front of a large crowd from the 6 active bidders, selling well over the price guide.
Weekly Auction Reports & Data
Daily Telegraph: The ScoMo Effect: Driving the Housing Bounce
Financial Review - Buyers Starved of Property are Pushing Prices Higher
The Real Estate Conversation - The Rise & Rise of the Buyer's Agent
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.