Auction Results Sydney 12 June 2021

Auction Results Sydney 12 June 2021

Auction Results Sydney 12 June 2021

Auction Results Sydney

Comment: Auction Results Sydney

Interest Rates: RBA assistant governor Christopher Kent reiterated the bank’s view that inflation and wages growth would not be high enough to justify an interest rate rise until at least 2024. A half percentage point increase on a 30-year, $450,000 mortgage would lift the monthly repayment by $118, or $1416 a year

House Price Forecast: AMP Capital chief economist Shane Oliver said national house prices could rise by as much as 18 per cent by the end of the year and a further 5 per cent next year. House prices could start to fall in 2023, especially if the Reserve Bank of Australia decided to raise interest rates a year earlier than predicted.

First Home Buyer’s v’s Investors: Investor loans were up 2.1% in April and First Home Buyer’s down 1.9%. Investors are determined to buy bricks and mortar rather than leaving money in the bank, collecting dust. Investors often return to the market once prices rise and they can see the potential for capital growth.

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 Darling Point,  Croydon, Bellevue Hill, Riverwood, Bowral, Maroubra and Caringbah South.

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 12 June 2021

CLEARANCE RATE:100% - SOLD:5 - PASSED IN:0 - AUCTIONS:5

19/8 Bellevue Road, Bellevue Hill- SOLD $1,530,000

22.40% Over agents price guide - Price Per Square Meter: $15,454

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 99m2

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

Bidders: 3 - Bids: 20 - Last Sold: 15 Aug 2005 for $625,000

9/13-15 Ocean Street North, Bondi- SOLD $1,435,000

19.58% Over agents price guide - Price Per Square Meter: $18,397

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 78m2

Price Guide: $1,200,000 - Opening bid: $1,000,000

Bidders: 3 - Bids: 22 - Last Sold: 25 Aug 1988 for $226,000

761 South Dowling St, Redfern SOLD $2,700,000

8% Over agents price guide - Price Per Square Meter: $19,424

Terrace - Beds: 3 - Bath: 3 - Parking: 1 - Land size: 139m2

Price Guide: $2,500,000 - Opening bid: $2,400,000

Bidders: 4 - Bids: 12 - Last Sold: 8 Apr 2017 for $1,600,000

29 Coldstream Street, South Coogee- SOLD $3,900,000

11.42% Over agents price guide - Price Per Square Meter: $7,975

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 489m2

Price Guide: $3,500,000 - Opening bid: $3,700,000 vendors bid

Bidders: 1 - Bids: 2 - Last Sold: 20 Sep 1993 for $390,000

11 Edward Street, Woollahra- SOLD $2,660,000

33% Over agents price guide - Price Per Square Meter: $13,571

House - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 196m2

Price Guide: $2,000,000 - Opening bid: $1,800,000

Bidders: 6 - Bids: 35 - Last Sold: 23 Jan 2001 for $600,000

Auction Results Sydney

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