Auction Results Sydney 18 July 2020
Auction Results Sydney
Comment: Auction Results Sydney
Corelogic figures show housing values recorded a drop for the second consecutive month in June. Sydney dropping 0.8% and Melbourne 1.1%
NAB chief economist Alan Oster said, moving forward, the biggest impacts on Australia’s housing market will come from rising unemployment, job security and consumer confidence, but prices have held up slightly better than expected. Oster is forecasting price falls of 10 to 15 from peak to trough.
Larger houses in the Canterbury-Bankstown area, lower north shore and other pockets close to the CBD have been getting the best results at auction. Wollstonecraft, Bondi, North Bondi, Elizabeth and Alexandria are seeing a clearance rate of around 66%, due to the shortage of properties.
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: 68%
Auction Results Sydney 18 July 2020.
Clearance Rate:71% - Sold:5 - Passed In:2 - Withdrawn:0 - Auctions:7
66 Victoria Rd Bellevue Hill - SOLD $6,010,000
9.27% Over agents price guide
House - Beds: 5 - Bath: 2 - Parking: 2 - Land size: 835m2
Price Guide: $5,500,000 - Opening bid $4,500,000
Bidders: 7 - Bids: 33 - Last Sold: First time offered
6 Beach St Clovelly - PASSED IN $3,150,000 (Vendors bid)
% Over agents price guide
Duplex - Beds: 4 - Bath: 3 - Parking: 1 - Land size: 424m2
Price Guide: $3,150,000 - Opening bid $3,150,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: 16 Sep 1997 $480,000
63 Henry St Five Dock - SOLD $2,850,000
14% Over agents price guide
House - Beds: 4 - Bath: 2 - Parking: 6 - Land size: 931m2
Price Guide: $2,500,000 - Opening bid $2,500,000
Bidders: 3 - Bids: 6 - Last Sold: Not available
100 Charles St Putney - SOLD $1,930,000
13.52% Over agents price guide
House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 672m2
Price Guide: $1,700,000 - Opening bid $1,600,000
Bidders: 4 - Bids: 27 - Last Sold: Not available
1503/50 Murray St Pyrmont - PASSED IN $2,800,000 (Vendors bid)
% Over agents price guide
Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 187m2
Price Guide: $2,800,000 - Opening bid $2,800,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: Not available
39B Roberts Street St Peters - SOLD $1,500,000
?% Over agents price guide
Terrace - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 145m2
Price Guide: $? - Opening bid $1,300,000
Bidders: 3 - Bids: 17 - Last Sold: Not available
61 Village High Rd Vaucluse - SOLD $5,690,000
13.8% Over agents price guide
House - Beds: 4 - Bath: 4 - Parking: 5 - Land size: 931m2
Price Guide: $5,000,000 - Opening bid $?
Bidders: ? - Bids: Circa 30 - 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.