Auction Results Sydney 23 October 2021

Auction Results Sydney 23 October 2021

Auction Results Sydney 23 October 2021

Auction Results Sydney

Comment: Auction Results Sydney

The Sydney Real Estate market is officially out of control. Queues of 40-50 people to inspect units on the Lower North Shore that aren’t liveable and houses around Penrith selling immediately after the first open for inspections.

Sydney property prices are overvalued, but there’s little relief in sight for homebuyers as property prices are likely to keep rising unless interest rates go up according to a report from investment bank UBS.

NAB slightly revised up its dwelling price growth forecasts for Sydney to 27.5 per cent for 2021. AMP Capital chief economist Shane Oliver said he did not expect prices to continue to rise at the same boom-time pace and expected a modest price rise of 7 per cent during 2022.

The number of properties failing to sell at auction has risen in Sydney between August & September by 1.9 percentage points from 6.9 per cent to 8.8 per cent, with a sign vendors are getting greedy. “If a property is not selling when there’s lots of competition at auction then it has been priced too high,” said Ray White NSW chief auctioneer Alex Pattaro.

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 Randwick, Paddington, Sandringham, Darling Point, Bellevue Hill, Oatley and Bowral.

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 proper

Auction Results Sydney 23 October 2021

CLEARANCE RATE: 87.5% - SOLD: 7 - PASSED IN: 1 - AUCTIONS: 8

4/7 Bellevue Park Road, Bellevue Hill - SOLD $891,000

% Over agents price guide - Price Per Square Meter: $14,850

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 60m2

Price Guide: $? - Opening bid: $700,000

Bidders: 5 - Bids: 25 - Last Sold: 3 Mar 2000 for $270,000

7 Bunyula Road, Bellevue Hill - SOLD $9,200,000

31.42% Over agents price guide - Price Per Square Meter: $13,237

House - Beds: 5 - Bath: 4 - Parking: 2 - Land size: 695m2

Price Guide: $7,000,000 - Opening bid: $6,000,000

Bidders: 3 - Bids: 17 - Last Sold: Not available

2/9 Beach Road, Bondi Beach - PASSED IN $1,025,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $20,098

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 51m2

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

Bidders: 2 - Bids: 5 - Last Sold: 4 Jun 1993 for $136,000

6/63 Curlewis Street, Bondi Beach - SOLD $1,250,000

% Over agents price guide - Price Per Square Meter: $20,833

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 60m2

Price Guide: $? - Opening bid: $1,050,000

Bidders: 4 - Bids: 8 - Last Sold: 23 Nov 1993 for $220,000

1/13 Botany St, Bondi Junction - SOLD $1,320,000

% Over agents price guide - Price Per Square Meter: $24,000

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 55m2

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

Bidders: 3 - Bids: 12 - Last Sold: 24 Jun 2016 for $1,049,000

10/8 Marathon Road, Darling Point - SOLD $5,500,000

% Over agents price guide - Price Per Square Meter: $26,190

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 210m2

Price Guide: $? - Opening bid: $5,000,000

Bidders: 1 - Bids: 2 - Last Sold: Not available

15 Carlotta Road, Double Bay - SOLD $11,500,000

27.77% Over agents price guide - Price Per Square Meter: $13,755

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 836m2

Price Guide: $9,000,000 - Opening bid: $9,500,000

Bidders: 6 - Bids: Circa 20 - Last Sold: Not available

1A Hume Avenue, Ermington - SOLD $1,780,000

18.66% Over agents price guide - Price Per Square Meter: $5,042

House - Beds: 4 - Bath: 3 - Parking: 3 - Land size: 353m2

Price Guide: $1,500,000 - Opening bid: $1,510,000

Bidders: 4 - Bids: Circa 25 - Last Sold: Not available

Auction Results Sydney

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