Auction Results Sydney 27 June 2020
Auction Results Sydney
Comment: Auction Results Sydney
The median price of Sydney houses remains about 20 per cent higher than in 2015, but dropped a modest 0.6 over May, the first fall in a year.
It’s quite the reverse for Sydney unit prices, which are not performing well. Suburbs like, North Ryde, Campsie, Forest Lodge and around Parramatta & Granville are back to 2015 prices, which is due to an oversupply, weak buyer demand and well documented reports of defective construction.
Sydney auction clearance rates are increasing with the easing of COVID restrictions. Last weeks clearance rate was 68 per cent compared to the same week last year it was 60 per cent. It’s not surprising, houses are selling better than units. The clearance rate for houses was 70 per cent, compared to 64 per cent for units
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: 74% | Victoria: 66%
Auction Results Sydney 27 June 2020.
Clearance Rate:100% - Sold:7 - Passed In:0 - Withdrawn:0 - Auctions:7
10 Gibbes St Banksia - SOLD $1,000,000
17.64% Over agents price guide
Cottage - Beds: 2 - Bath: 1 - Parking: 2 - Land size: 240m2
Price Guide: $850,000 - Opening bid $820,000
Bidders: 4 - Bids: circa 20 - Last Sold: 6 Feb 2009 $415,000
30/14 Edward St Bondi Beach - SOLD $2,625,000
31.25% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 103m2
Price Guide: $2,000,000 - Opening bid $2,000,000
Bidders: 6 - Bids: 100 - Last Sold: 11 May 2004 $1,031,500
11-15 Ward St Gosford - SOLD $2,205,000
47% Over agents price guide
Development Site - Site area: 2764m2
Price Guide: $1,500,000 - Opening bid: $1,100,000
Bidders: 4 - Bids: 37 - Last Sold: Not available
5/45 Wallis Parade North Beach - SOLD $1,400,500
% Over agents price guide
Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 86m2
Price Guide: $? - Opening bid $1,230,000
Bidders: 4 - Bids: 40 - Last Sold: 13 Nov 2019 $950,000
184 Belgrave Esplanade Sylvania Waters - SOLD $1,400,000
16.66% Over agents price guide
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 594m2
Price Guide: $1,200,000 - Opening bid $1,100,000
Bidders: 4 - Bids: circa 40 - Last Sold: 1 May 1984 $115,000
13 William St Tempe - SOLD $1,475,000
9.25% Over agents price guide
House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 316m2
Price Guide: $1,350,000 - Opening bid $1,350,000
Bidders: 3 - Bids: circa 15 - Last Sold: 2 Dec 1998 $230,000
50 Derby St Vaucluse - SOLD $6,025,000
9.25% Over agents price guide
House - Beds: 5 - Bath: 6 - Parking: 3 - Land size: 671m2
Price Guide: $5,500,000 - Opening bid $4,800,000
Bidders: ? - Bids: ? - Last Sold: Not available
Daily Telegraph: The ScoMo Effect: Driving the Housing Bounce
Financial Review - Buyers Starved of Property are Pushing Prices Higher
The Real Estate Conversation - The Rise & Rise of the Buyer's Agent
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.