Auction Results Sydney 14 November 2020
Auction Results Sydney
Comment: Auction Results Sydney
Record Low Interest Rates: The prospect of extended low rates will prompt investors with cash in the bank earning next to nothing, to consider buying property in the hope of better returns. Sydney gross yields are tracking at record lows — 2.7 per cent for houses and at 3.3 per cent for apartments, according to CoreLogic.
CommSec is forecasting price growth in all capital cities in 2021 except Melbourne. High-rise apartments in major capital cities remain a weak spot, with oversupply forcing some prices down 20 per cent, but BetaShares chief economist David Bassanese said traditional stand-alone homes looked solid, with no sign of forced selling.
Punters counting on a house price correction of around of 15 to 20 per cent in stand-alone properties are starting to be disappointed.
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, Enmore, 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