Auction Results Sydney 4 December 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney housing values rose in November for the 14th month in a row by 0.9 per cent. This is softest outcome since January, CoreLogic’s latest national home value index revealed.
“Fixed mortgage rates rising, higher listings taking urgency away from buyers and affordability has become a more substantial barrier to entry and credit is less available, but the boom was far from over” said CoreLogic research director Tim Lawless.
Houses have continued to outperform units. Capital city houses are now 37.9 per cent more expensive than capital city units. In Sydney, where the gap between house and unit values is the widest, a house costs $523,000 more on average than a unit.
The property market will continue to rise until rates are increased later next year!
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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