Auction Results Sydney 29 August 2020

Sydney’s median property price declined 2 per cent to $974,83 in the quarter ending June. Outside of the capital prices recorded a marginal increase.

The pandemic has continued to drive city slickers out to regional areas. Property prices across regional NSW have continued their upward trajectory. For example, Bowral’s median house price is up 16% to $1,050,000 year on year. Rental yields in some regional area’s are anywhere between 4 or 4.5 per cent and now people are moving money out of investment funds and using bricks and mortar as their retirement package.

If you need help purchasing a property in the Southern Highlands, speak with TBAS® Buyers Agent Julie Bennett. https://tbasbuyersagents.com.au/southernhighlands/

Corelogic research analyst Eliza Owen said record low mortgage rates, home loan repayment deferrals and various demand-side government-issued stimulus packages had combined to reinvigorate buyer sentiment.

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, Bowral, Maroubra, Tempe and Neutral Bay.