Auction Results Sydney 11 July 2020
Auction Results Sydney
Comment: Auction Results Sydney
- New Data reveals property prices across Australia have remained relatively stable throughout COVID-19, and that some suburbs have weathered the storm better than others. Bondi Beach is up 7.1%, where as Grays Point is down 5.6% The Ryde area continues to be a sought after area up 11.5%. Suburbs that were located further away from the city or key transport infrastructure were the most exposed to the bleak economic conditions.
- Across the regional areas, the weaker performing markets tend to be non-coastal and often based in agricultural regions where economic conditions have often been tougher due to the drought and bush fires.
- Unit rentals experienced the biggest price drop in more than 15 years in Sydney with rentals down 3.8%. However, house rentals have remained steady with no change, reflecting higher demand for freestanding properties.
- Homes are selling faster now than this time last year, due to fewer listings and more serious buyers out looking. On average a Sydney house took 69 days, compared to 87 days last year.
- The best performing inner city suburb over the last 10 years for houses was Rosebery rising 9.3 per cent annually from $742,500 to $1.8 million. Kurraba Point had Sydney’s best apartment growth, with dwellings increasing from $663,000 to $1.522 million.
Using a Buyer's Agent: A Buyer's Agent can act as a 'middleman' at a time when house hunting has become more difficult. A Buyer's Agent can help by providing a shortlist of properties and arrange private viewings.
Auctions have resumed Onsite. If you are planning on bidding , it is important you have a proven auction strategy and get professional advice.
TBAS® Buyers Agents are continuing to inspect, bid at auction Online and Onsite to purchase properties for their clients. For more details contact us.
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW: 72% | Victoria: 76%
Sydney Suburbs with the biggest COVID price Falls and Rises
Homes selling faster than last year despite pandemic
Sydney's best growth suburbs over the last 10 years
Unit rents suffer biggest drop in 15 years
Auction Results Sydney 11 July 2020.
Clearance Rate:70% - Sold:7 - Passed In:3 - Withdrawn:0 - Auctions:10

1/12 Boronia Rd Bellevue Hill - SOLD $2,695,000
7.8% Over agents price guide
Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 111m2
Price Guide: $2,500,000 - Opening bid $2,400,000
Bidders: 3 - Bids: 18 - Last Sold: First time offered
https://www.realestate.com.au/property-apartment-nsw-bellevue+hill-133712542

9/55-57 Brighton Boulevard Bondi Beach - SOLD $2,330,000
10.95% Over agents price guide
Unit - Beds: 2 - Bath: 2 - Parking: 2 - Unit size: 80m2
Price Guide: $2,100,000 - Opening bid $1,900,000
Bidders: 3 - Bids: 24 - Last Sold: 23 Feb 2004 $850,000
https://www.realestate.com.au/property-apartment-nsw-bondi+beach-133769082

2A/9 St Marks Rd Darling Point - SOLD $2,100,000
5% Over agents price guide
Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 160m2
Price Guide: $2,000,000 - Opening bid $2,000,000 (Vendors bid)
Bidders: 2 - Bids: 6 - Last Sold: 27 Jun 2009 $920,000
https://www.realestate.com.au/property-apartment-nsw-darling+point-133772318

18 Court Rd Double Bay - PASSED IN $3,300,000 (Vendors bid)
% Over agents price guide
House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 300m2
Price Guide: $3,300,000 - Opening bid $3,300,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 9 May 2015 $2,710,000
https://www.realestate.com.au/property-house-nsw-double+bay-133069026

34 Florey Cres Little Bay - PASSED IN $2,675,000
6.6% Over agents price guide
Duplex - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 318m2
Price Guide: $2,500,000 - Opening bid $2,500,000
Bidders: 2 - Bids: 5 - Last Sold: 23 Jun 2017 $2,500,000
https://www.realestate.com.au/property-duplex+semi-detached-nsw-little+bay-133804906

6 Fraser St Randwick - SOLD $2,775,000
11% Over agents price guide
Semi - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 222m2
Price Guide: $2,500,000 - Opening bid $2,775,000
Bidders: 1 - Bids: 1 - Last Sold: Not available
https://www.realestate.com.au/property-house-nsw-randwick-133721534

8/624B New South Head Rd Rose Bay - SOLD $2,325,000
16.25% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 71m2
Price Guide: $2,000,000 - Opening bid $1,800,000
Bidders: 3 - Bids: 14 - Last Sold: 28 Jun 2019 $1,800,000
https://www.realestate.com.au/property-apartment-nsw-rose+bay-133764138

10/493 Old South Head Rd Rose Bay - PASSED IN $765,000
% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: ?m2
Price Guide: $765,000 - Opening bid $765,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 13 Nov 2017 $850,000
https://www.realestate.com.au/property-apartment-nsw-rose+bay-133677786

210/82-92 Cooper St Surry Hills - SOLD $680,000
1.4% Over agents price guide
Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 52m2
Price Guide: $670,000 - Opening bid $600,000
Bidders: 2 - Bids: 14 - Last Sold: 22 May 2003 $282,000
https://www.realestate.com.au/property-apartment-nsw-surry+hills-133806302

33 Hawkesbury Espl Sylvania Waters - SOLD $3,555,000
?% Over agents price guide
House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 689m2
Price Guide: $? - Opening bid $2,900,000
Bidders: 6 - Bids: 24 - Last Sold: Not available
https://www.realestate.com.au/property-house-nsw-sylvania+waters-133826610

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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.