Auction Results Sydney 6 November 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney property prices up by 1.5 per cent over October and 28.33 per cent over the year. However, the rate of growth has slowed since the start of the year, as a lack of affordability and more listings hit the market. New listings have surged by 47 per cent since September.
CoreLogic data showed house values continued to outpace units, as people looked for more space. In Sydney, house values rose 30.4 per cent over the year to October, compared to the 13.6 per cent rise in unit values.
Australian Prudential Regulatory Authority (APRA) is making it a little more difficult for buyers to get finance, but this is not expected to make property prices fall, but gradually slow the growth.
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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 proper