Auction Results Sydney 21 March 2020
Comment: Coronavirus: House Prices v's Share Market collapse. Property values were “far less volatile” than share markets because housing was not a liquid asset and remained a consumption good. Read article by Aidan Devine
Real Estate Auctions are continuing as normal, with crowds maintaining a strict 1.5 meter barrier.
TBAS® Buyers Agents are continuing to inspect properties and bid at auction on behalf of their clients. For more details contact us.
Auction Results Sydney 21 March 2020.
Clearance Rate: 41% - Sold: 5 - Passed In: 7 - Withdrawn: 0 - Auctions: 12
99 Balfour Rd Bellevue Hill - PASSED IN $6,000,000 (Vendors bid)
% Over agents price guide
House - Beds: 8 - Bath: 4 - Parking: 5 - Land size: 940m2
Price Guide: $6,000,000 - Opening bid: $6,000,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 20 Nov 1987 $530,000
https://www.realestate.com.au/property-house-nsw-bellevue+hill-132882486
TBAS® Property News
Auction Clearance Rate - NSW: 68% | Victoria: 65%
One Third of Properties Selling Prior to Auction
Property price guides being lifted as many as four times as housing market rises
Inner West Auction Reserves Smashed, despite Coronavirus Fears
Coronavirus: Previous economic shocks reveal likely pandemic impact on Real Estate
15 Murriverie Rd North Bondi - SOLD $3,450,000
15% Over agents price guide
House - Beds: 4 - Bath: 2 - Parking: 3 - Land size: 482m2
Price Guide: $3,000,000 - Opening bid: $3,000,000 (Vendors bid)
Bidders: 2 - Bids: 18 - Last Sold: Not available
https://www.realestate.com.au/property-house-nsw-north+bondi-133045410
60 Wentworth St Randwick - PASSED IN $3,750,000
4.16% Over agents price guide
House - Beds: 4 - Bath: 3 - Parking: 3 - Land size: 417m2
Price Guide: $3,600,000 - Opening bid: $3,750,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 11 Apr 2003 $1,680,000
Price per square meter: $8,992
https://www.realestate.com.au/property-house-nsw-randwick-133140542
112 O'Brien St Bondi - SOLD $4,450,000
11.25% Over agents price guide
Block of Units - Beds: 5 - Bath: 4 - Parking: 4 - Land size: 361m2
Price Guide: $4,000,000 - Opening bid: $3,800,000
Bidders: 3 - Bids: 17 - Last Sold: 18 Oct 1994 $870,000
https://www.realestate.com.au/property-unitblock-nsw-bondi+beach-133047918
283 Military Rd Dover Heights - PASSED IN $3,300,000 (Vendors bid)
% Over agents price guide
House - Beds: 4 - Bath: 3 - Parking: 1 - Land size: 272m2
Price Guide: $3,400,000 - Opening bid: $3,300,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 21 Jul 2015 $2,750,000
https://www.realestate.com.au/property-house-nsw-dover+heights-133038438
57 Glenayr Ave North Bondi - PASSED IN $4,001,000
% Over agents price guide
Block of Units - Beds: 8 - Bath: 4 - Parking: 0 - Land size: 373m2
Price Guide: Early $4's - Opening bid: $3,900,000
Bidders: 1 - Bids: 3- Last Sold: Not available
https://www.realestate.com.au/property-unitblock-nsw-north+bondi-133021858
2/9 Macdonald St Paddington- SOLD $710,000
1.42% Over agents price guide
Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 43m2
Price Guide: $700,000- Opening bid: $700,000 (Vendors bid)
Bidders: 1 - Bids: 3 - Last Sold: Not available
https://www.realestate.com.au/property-apartment-nsw-paddington-133054646
2/236 Campbell Parade Bondi Beach - PASSED IN $975,000
% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 68m2
Price Guide: $950,000- Opening bid: $950,000 (Vendors bid)
Bidders: 1 - Bids: 2 - Last Sold: 20 Sep 2017 $902,000
https://www.realestate.com.au/property-apartment-nsw-bondi+beach-133075094
Commercial Real Estate
1 Taggarts Lane Darlinghurst - PASSED IN $1,700,00
% Over agents price guide
Block of Units - Land size: 114m2
Price Guide: $1,800,000 - Opening bid: $1,300,000
Bidders: 3 - Bids: 9 - Last Sold: Not available
https://www.commercialrealestate.com.au/property/1-taggarts-lane-darlinghurst-nsw-2010-2016086114
111 Norton St Leichhardt - SOLD $5,010,00
11.33% Over agents price guide
Retail/Development site - Land size: 572m2
Price Guide: $4,500,000 - Opening bid: $4,250,000
Bidders: 7 - Bids: 33 - Last Sold: 22 May 2001 $1,910,000
https://www.realcommercial.com.au/for-sale/property-111-norton-street-leichhardt-nsw-2040-503470522
366 The Horsley Dr Fairfield - PASSED IN $16,500,000
?% Over agents price guide
Development site - Land size: 8211m2
Price Guide: $? - Opening bid: $10,000,000
Bidders: 2 - Bids: 21 - Last Sold: 12 Oct 2016 $19,000,000
https://www.commercialrealestate.com.au/property/366-the-horsley-drive-fairfield-nsw-2165-2016061879
6-8 Kent St Belmore - SOLD $3,450,000
15% Over agents price guide
Warehouse - Land size: 961m2
Price Guide: $3,000,000 - Opening bid: $2,500,000
Bidders: 4 - Bids: 28 - Last Sold: Not available
https://www.commercialrealestate.com.au/property/6-8-kent-street-belmore-nsw-2192-2016086112
Recent Media for TBAS®
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
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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.