Auction Results Sydney 13 February 2021

Auction Results Sydney

Auction Results Sydney 13 February 2021

Auction Results Sydney

Comment: Auction Results Sydney

House values have climbed to their highest level on record. Supply levels are low while demand is strong. It is a seller’s market. With sentiment rising and selling conditions favouring the vendor, it is reasonable to expect new listing numbers will rise during the year, which may take a little heat out of the market.

In an internal document from the RBA has predicted that home values could rise by as much as 30 per cent within just three years due to borrower belief that rock bottom interest rates are here to stay.

CoreLogic data shows that despite the deepest recession since the 1930s, Sydney’s house prices increased by 4 per cent to edge above $1 million during 2020.

The RBA says low rates will push up house prices and are prepared to tighten lending standards if record low interest rates result in a housing boom that could leave new home buyers in negative equity or risk them taking on too much debt.

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 Bellevue Hill, Connells Point, Bowral, Maroubra, St Ives and Avalon Beach.

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

Auction Results Sydney 13 February 2021

CLEARANCE RATE:83.33% - SOLD:5 - PASSED IN:1 - AUCTIONS:6

1/53 Boronia Road, Bellevue Hill - SOLD $1,252,000

25.2% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 75m2

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

Bidders: 5 - Bids: 45 - Last Sold: Not available

157 Old South Head Road, Bondi Junction - SOLD $2,480,000

?% Over agents price guide

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 354m2

Price Guide: $? - Opening bid: $2,150,000

Bidders: 3 - Bids: 30 - Last Sold: 16 Nov 2015 for $1,750,000

49 Woolgoolga Street, North Balgowlah - SOLD $2,730,000

18.26% Over agents price guide

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 594m2

Price Guide: $2,300,000 - Opening bid: $2,500,000

Bidders: 5 - Bids: Circa 35 - Last Sold: 1 March 2014 for $1,670,000

8 Bishops Avenue, Randwick - SOLD $7,300,000

21.66% Over agents price guide

House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 556m2

Price Guide: $6,000,000 - Opening bid: $5,900,000

Bidders: 3 - Bids: 15 - Last Sold: 30 Jan 2004 for $2,825,000

6/18 Chester Street, Woollahra - PASSED IN $1,250,000 (Vendors bid)

% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 83m2

Price Guide: $1,250,000 - Opening bid: $1,250,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: Not available

2/313a Edgecliff Road, Woollahra - SOLD $2,040,000

?% Over agents price guide

Unit - Beds: 3 - Bath: 1 - Parking: 0 - Unit size: 163m2

Price Guide: $? - Opening bid: $1,850,000

Bidders: 2 - Bids: 12 - Last Sold: Not available

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