Auction Results Sydney 19 March 2022

Auction Results Sydney 19 March 2022

Auction Results Sydney 19 March 2022

Auction Results Sydney

Comment: Auction Results Sydney

The ABS said home prices rose by 4.1 per cent in Sydney during the final three months of last year, taking the annual growth rate to 26.7 per cent. House prices continued to outpace apartments and terraces. Nationally, house prices rose 27.5 per cent through last year, while attached dwelling prices rose 14 per cent.

Over a five year period, Greater Sydney’s median unit price, was up 8 per cent, while the typical sale price for houses was up 42 per cent.

Sydney’s vacancy rate last month was 2 per cent, figures from SQM Research show, which strongly favours landlords and their ability to raise rents. Higher yields encourage investors to purchase more properties and developers to build more apartment blocks.

Sydney’s preliminary clearance rate on Saturday dropped to 66 per cent, down from 78 per cent four weekends ago, according to Domain data.

Anything above 60 per cent will see house price growth, however once clearance rates drop below 60 per cent, price will start to fall. Potential rate hikes, global uncertainty and the sheer increase in listings has left Sydney buyers more cautious at auctions.

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 Waverley, Paddington, Newtown, Darling Point, Hurstville Grove, Gymea Bay and Mosman.

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

Auction Results Sydney 19 March 2022

CLEARANCE RATE: 85.71% - SOLD: 6 - PASSED IN: 1 - AUCTIONS: 7

44 Seymour Street, Hurstville Grove - SOLD $2,700,000

16.66% Over agents price guide - Price Per Square Meter: $3,417

House - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 790m2

Price Guide: $2,250,000 - Opening bid: $2,265,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 5 Jan 1993 for $500,000

49 Wallis Parade, North Bondi - PASSED IN NO BIDS

% Over agents price guide - Price Per Square Meter: $

House - Beds: 4 - Bath: 4 - Parking: 0 - Land size: 227m2

Price Guide: $4,000,000 - Opening bid: $3,900,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: First time offered

14 Sully Street, Randwick - SOLD $6,050,000

% Over agents price guide - Price Per Square Meter: $15,433

House - Beds: 5 - Bath: 3 - Parking: 3 - Land size: 392m2

Price Guide: $? - Opening bid: $5,300,000

Bidders: 5 - Bids: 20 - Last Sold: 14 Mar 2020 for $2,730,000

28 Bangalla Road, Rose Bay - SOLD $7,050,000

17.5% Over agents price guide - Price Per Square Meter: $14,656

House - Beds: 4 - Bath: 2 - Parking: 3 - Land size: 481m2

Price Guide: $6,000,000 - Opening bid: $6,300,000

Bidders: 3 - Bids: 14 - Last Sold: 31 Mar 2014 for $3,400,000

6/1A Caledonian Road, Rose Bay - SOLD $1,780,000

% Over agents price guide - Price Per Square Meter: $16,181

Unit - Beds: 3 - Bath: 1 - Parking: 0 - Unit size: 110m2

Price Guide: $? - Opening bid: $1,600,000

Bidders: 2 - Bids: 8 - Last Sold: 13 Nov 2014 for $878,000

2/374 Edgecliff Road, Woollahra - SOLD $2,500,000

% Over agents price guide - Price Per Square Meter: $?

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: ?m2

Price Guide: $? - Opening bid: $2,000,000

Bidders: 3 - Bids: 11 - Last Sold: Not available

103 Kings Road, Vaucluse - SOLD $8,200,000

17.14% Over agents price guide - Price Per Square Meter: $10,832

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 757m2

Price Guide: $7,000,000 - Opening bid: $7,000,000

Bidders: 3 - Bids: 12 - Last Sold: First time offered

Auction Results Sydney 5 March 2022

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