Auction Results Sydney 7 August 2021

Auction Results Sydney 7 August 2021

Auction Results Sydney 7 August 2021

Auction Results Sydney

Comment: Auction Results Sydney

The average full-time worker would need to save almost half their earnings to even keep their deposit in line with house price growth. The median house price jumped almost $107,000 over the quarter or about $1175 per day, to a record median of $1,410,133. Sydney’s median is up to $272,887 over the 12 months to June. In Sydney’s Dover Heights and Northbridge, house prices climbed by more than $1 million.

Economist Cameron Murray, a research fellow in the Henry Halloran Trust at The University of Sydney said, he expected house prices in Australia and globally would continue to rise for a couple more years off the back of record-low rates, increased household savings, and economic stimulus measures amid the ongoing pandemic.

Despite rapid price growth, access to cheap credit meant buying a home was still more affordable than renting, once a deposit had been saved, in many parts of Australia. “So, many buyers right now are willing to leverage to the max and pay anything…. because waiting is worse than buying at a high price today,” he said. Dr Murray said.

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 Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Lakemba,  Bowral and Kellyville Ridge.

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

Auction Results Sydney 7 August 2021

CLEARANCE RATE: 100% - SOLD: 8 - PASSED IN: 0 - AUCTIONS: 8

70 Siandra Drive, Kareela - SOLD $1,990,000

% Over agents price guide - Price Per Square Meter: $3,472

House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 573m2

Price Guide: $? - Opening bid: $1,450,000

Bidders: 12 - Bids: 51 - Last Sold: 15 Dec 2007 for $740,000

6 Tide Street, Kellyville Ridge - Purchased Pre-auction $1,350,000

#% Over agents price guide - Price Per Square Meter: $2,766

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 488m2

Price Guide: $# - Opening bid: $#

Bidders: # - Bids: # - Last Sold: 23 Sep 2010 for $325,000

22a Byng Street, Maroubra - SOLD $2,430,000

21.5% Over agents price guide - Price Per Square Meter: $6,411

House - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 379m2

Price Guide: $2,000,000 - Opening bid: $2,000,000

Bidders: 6 - Bids: 22 - Last Sold: Not available

1 McCauley Street, Matraville - SOLD $1,870,000

16.87% Over agents price guide - Price Per Square Meter: $3,521

House - Beds: 3 - Bath: 1 - Parking: 3 - Land size: 531m2

Price Guide: $1,600,000 - Opening bid: $1,600,000

Bidders: 4 - Bids: 32 - Last Sold: Not available

8/131-147 Alice Street, Newtown - SOLD $1,510,000

% Over agents price guide - Price Per Square Meter: $9,378

Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 161m2

Price Guide: $? - Opening bid: $1,100,000

Bidders: 5 - Bids: 41 - Last Sold: 2 Sep 2019 for $320,0000

17 Carvers Road, Oyster Bay - SOLD $1,483,000

18.44% Over agents price guide - Price Per Square Meter: $2,588

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 573m2

Price Guide: $1,250,000 - Opening bid: $1,250,000

Bidders: 5 - Bids: 26 - Last Sold: 24 Oct 2011 for $750,000

73 Goodlet Street, Surry Hills - SOLD $1,706,000

13.73% Over agents price guide - Price Per Square Meter: $15,651

Terrace - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 109m2

Price Guide: $1,500,000 - Opening bid: $1,500,000

Bidders: 3 - Bids: 28 - Last Sold: 10 Dec 2009 for $755,000

914a Elizabeth Street, Zetland - SOLD $2,320,000

32.57% Over agents price guide - Price Per Square Meter: $17,846

Terrace - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 130m2

Price Guide: $1,750,000 - Opening bid: $2,000,000

Bidders: 3 - Bids: 22 - Last Sold: 18 Aug 2006 for $749,000

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