Auction Results Sydney 10 July 2021
Auction Results Sydney
Comment: Auction Results Sydney
Covid restrictions were putting the brakes on new listings but would do little to derail buyer confidence, said Realestate.com.au head of economic research Cameron Kusher. Melbourne’s four month lockdown discouraged sellers more than buyers.
With no signs of rising inflation yet, it would likely take years of strong economic growth before there was a significant increase in interest rates. Until interest rates lifted from the floor, housing was still a good buy, according to the chief economist for the Centre for Independent Studies Peter Tulip.
AMP Capital chief economist Shane Oliver expects house prices could rise about 25 to 30 per cent before peaking by 2023. NAB chief economist Alan Oster said he expected house prices to rise by about 28 per cent during this current cycle.
With a chronic shortage of properties for sale, there is still plenty of growth to come…
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, Bowral and Maroubra.
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
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:86% | Victoria:80%
- Sydney real estate: where home prices rose by $500k this year
- Sydney home sellers pull the plug on auctions as NSW’s Covid lockdown extended
- Forecast of 30 per cent housing price growth could be largely realised: economists
- Housing affordability, poor quality housing among top issues for young renters, survey finds
- Real estate boom: Sydney regions with steepest price rises during Covid-era
- End of the property boom: most housing experts polled say market will soon peak in NSW
- Where investors are making the most money on property in Australia
Auction Results Sydney 10 July 2021
CLEARANCE RATE: 75% - SOLD: 6 - PASSED IN: 2 - AUCTIONS: 8
21 Renwick Street, Alexandria - SOLD $2,835,000
49.21% Over agents price guide - Price Per Square Meter: $15,926
Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 178m2
Price Guide: $1,900,000 - Opening bid: $2,000,000
Bidders: 6 - Bids: 71 - Last Sold: 5 Nov 2005 for $705,000
309 Belmont Street, Alexandria - SOLD $2,621,888
13.99% Over agents price guide - Price Per Square Meter: $18,999
Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 138m2
Price Guide: $2,300,000 - Opening bid: $2,200,000
Bidders: 6 - Bids: 44 - Last Sold: Not available
4/33 The Esplanade, Cronulla - SOLD $1,555,000
11.07% Over agents price guide - Price Per Square Meter: $23,923
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 65m2
Price Guide: $1,400,000 - Opening bid: $1,400,000 (Vendors bid)
Bidders: 2 - Bids: 20 - Last Sold: 9 Nov 2008 for $580,000
70 Eltham Street, Gladesville - SOLD $1,765,000
17.66% Over agents price guide - Price Per Square Meter: $3,879
House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 455
Price Guide: $1,500,000 - Opening bid: $1,500,000
Bidders: 3 - Bids: 14 - Last Sold: 27 Oct 1992 for $206,000
5 Woodstream Crescent, Kellyville- PASSED IN $1,900,000 (Vendors bid)
% Over agents price guide - Price Per Square Meter: $
House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 540m2
Price Guide: $1,750,000 - Opening bid: $1,725,000
Bidders: 2 - Bids: 5 - Last Sold: 25 Aug 2003 for $665,000
2 Inglethorpe Avenue, Kensington - PASSED IN $3,750,000 (Vendors bid)
% Over agents price guide - Price Per Square Meter: $6,443
House - Beds: 6 - Bath: 4 - Parking: 1 - Land size: 582
Price Guide: $3,700,000 - Opening bid: $3,600,000
Bidders: 1 - Bids: 3 - Last Sold: 23 Mar 2012 for $2,100,000
6 Emmerick Street, Lilyfield - SOLD $2,720,000
23.63% Over agents price guide - Price Per Square Meter: $8,947
House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 304m2
Price Guide: $2,200,000 - Opening bid: $2,100,000
Bidders: 8 - Bids: 81 - Last Sold: 9 Nov 2016 for $1,875,0000
17 Pacific Street, Watsons Bay - SOLD Post Auction for $5,200,000
4% Over agents price guide - Price Per Square Meter: $18,705
House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 278m2
Price Guide: $5,000,000 - Opening bid: $4,500,000
Bidders: 1 - Bids: 2 - Last Sold: 15 May 2020 for $4,400,000

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