Auction Results Sydney 27 March 2021

Auction Results Sydney 27 March 2021

Auction Results Sydney 27 March 2021

Auction Results Sydney

Comment: Auction Results Sydney

Sydney house prices are expected to jump around 19 per cent in 2021, which would add approximately $230,000 to the median house price, and up to $1,441,671. Also, lifestyle locations (close to the beaches) have recorded even greater price increases with fierce competition playing out to live a healthier life. The only factor that could put a dampener on price rises would be interest rates.

Auction Price Guides: Frustrated Sydney house buyers are struggling to analyse the selling agents price guides, with most buyers now adding at least 20 per cent to a quoted price, up from the legislated 10% buffer for under quoting. From the data TBAS® Buyers Agents collect, properties at auction are selling for a minimum of 10% over the selling agents price guide to a whopping 70%. See recent data from a Coogee auction.  

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, Botany, Bowral, Maroubra, Croydon 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 27 March 2021

CLEARANCE RATE:100% - SOLD:10 - PASSED IN:0 - AUCTIONS:10

85 Newland Street, Bondi Junction - SOLD $2,100,000

% Over agents price guide

Semi - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 177m2

Price Guide: $? - Opening bid: $1,700,000

Bidders: 3 - Bids: 7 - Last Sold: Not available

5/28 Folkestone Parade, Botany - SOLD $950,000

6.74% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 123m2

Price Guide: $890,000 - Opening bid: $895,000

Bidders: 1 - Bids: 2 - Last Sold: 8 Feb 2014 for $715,000

7C/337 Bronte Road, Bronte - SOLD $925,000

% Over agents price guide

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

Price Guide: $? - Opening bid: $795,000

Bidders: 3 - Bids: 10 - Last Sold: Not available

8B/13 Thornton Street, Darling Point - SOLD $2,655,000

10.62% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 115m2

Price Guide: $2,400,000 - Opening bid: $2,400,000

Bidders: 4 - Bids: 9 - Last Sold: 17 Sep 1999 for $800,000

16 Walker Avenue, Edgecliff - SOLD $3,355,000

15.68% Over agents price guide

House - Beds: 4 - Bath: 2 - Parking: 0 - Land size: 246m2

Price Guide: $2,900,000 - Opening bid: $2,900,000

Bidders: 5 - Bids: 23 - Last Sold: 23 Aug 2018 for $2,600,000

39 Condover Street, North Balgowlah - SOLD Price Withheld

#% Over agents price guide

House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 664m2

Price Guide: $3,400,000 - Opening bid: $3,200,000

Bidders: 3 - Bids: circa 40 - Last Sold: 22 Mar 2014 for $2,240,000

82 Merrivale Road, Pymble - SOLD $3,750,000

56.25% Over agents price guide

House - Beds: 5 - Bath: 4 - Parking: 2 - Land size: 923m2

Price Guide: $2,400,000 - Opening bid: $2,500,000

Bidders: 4 - Bids: circa 20 - Last Sold: 12 Nov 2011 for $1,400,000

9 Albert Street, Randwick - SOLD $4,000,000

% Over agents price guide

Block of Units - Beds: 10 - Bath: 6 - Parking: 0 - Land size: 373m2

Price Guide: $? - Opening bid: $3,100,000

Bidders: 3 - Bids: 52 - Last Sold: 14 Jun 2011 for $2,420,000

75 Llewellyn Street, Rhodes - SOLD $6,900,000

38% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 3 - Land size: 815m2

Price Guide: $5,000,000 - Opening bid: $4,500,000

Bidders: 3 - Bids: 7 - Last Sold: First time offered

9/1-3 Fullerton Street, Woollahra - SOLD $1,525,000

8.92% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 117m2

Price Guide: $1,400,000 - Opening bid: $1,250,000

Bidders: 3 - Bids: 16 - Last Sold: 10 Sep 2008 for $750,000

Auction Results Sydney

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Auction Results Sydney 4 April 2020

Auction Results Sydney 4 April 2020

Auction Results Sydney 4 April 2020

 Comment: Covid-19 Impact on the Property Market

1. It is unclear at the moment the short term impact on the property market and the property market won’t be immune to a drop. However, most property analysis predict the market will return to pre-Covid-19 conditions once concerns over the virus subside.

2. Sydney’s median house prices jumped 1.1% to $1,020,849 but it’s expected to slow over April. 

3. Over the past year Sydney house prices have risen 14.5%

4. This is a once in a life time opportunity for young buyers/first home buyers with job security and a deposit, due to record low interest rates, less competition and cheap stock.

5. Off-the-plan apartment sales are expected to perform reasonably well due to the market sectors established use of virtual technology.

6. History tells us Residential Australian property is a high performing asset class during economic uncertainty, as people generally seek out bricks and mortar.

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 are continuing Online. If you are bidding Online, it is important you have a proven auction strategy and be well advised.

TBAS® Buyers Agents are continuing to inspect, bid at auction Online and  purchase properties for their clients. For more details contact us.


Auction Results Sydney 4 April 2020.

Clearance Rate: 33% – Sold:4 – Passed In:8  Withdrawn:0   Auctions:12

 

Auction Bidding Service

1 Caroline St Balmain – PASSED IN $10,400,000 (Vendors bid)

% Over agents price guide

Block of Units – Beds: 38 Bath: 38 Parking: 16 Land size: 841m2

Price Guide: $10,000,000 – Opening bid: $9,000,000

Bidders: 2 – Bids: 5 – Last Sold: Not available

https://www.realcommercial.com.au/for-sale/property-1-caroline-street-balmain-nsw-2041-503500762


Auction Results Sydney 4 April 2020

1a Benelong Cres Bellevue Hill – PASSED IN $7,800,000

0% Over agents price guide

House – Beds: 4 Bath: 3 Parking: 2 Land size: 1056m2

Price Guide: $8,500,000 – Opening bid: $7,800,000

Bidders: 1 – Bids: 1 – Last Sold: 22 Aug 2013 $3,395,000

https://www.realestate.com.au/property-house-nsw-bellevue+hill-133099574


Buyers Agent Sydney

85 Newland St Bondi Junction – PASSED IN $1,800,000 (Vendors bid)

% Over agents price guide

Terrace – Beds: 2 Bath: 1 Parking: 0 Land size: 174m2

Price Guide: $? – Opening bid: $1,800,000 (Vendors bid)

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

https://www.realestate.com.au/property-house-nsw-bondi+junction-133215290


Buyers Agent Sydney

51 Railway St Granville – SOLD $821,000

9.46% Over agents price guide

House – Beds: 2 Bath: 1 Parking: 2 Land size: 464m2

Price Guide: $750,000 – Opening bid: $600,000

Bidders: 5 – Bids: 41 – Last Sold: 23 Jul 1993 $130,000

https://www.realestate.com.au/property-house-nsw-granville-133174826


Buyers Agent Sydney

40a Brown St Newtown – PASSED IN $3,225,000

7.5% Over agents price guide

Terrace – Beds: 4 Bath: 3 Parking: 2 Land size: 286m2

Price Guide: $3,000,000 – Opening bid: $3,150,000

Bidders: 2 – Bids: 4 – Last Sold: 20 Apr 2013 $2,125,000

https://www.domain.com.au/40a-brown-street-newtown-nsw-2042-2016143819


Auction Results Sydney 4 April 2020

10 Oxford St Petersham – PASSED IN $1,575,000 (Vendors bid)

0% Over agents price guide

House – Beds: 4 Bath: 4 Parking: 0 Land size: 271m2

Price Guide: $1,575,000 – Opening bid: $1,575,000 (Vendors bid)

Bidders: 0 – Bids: 1 – Last Sold: 25 Sep 1997 $405,000

https://www.realestate.com.au/property-house-nsw-petersham-133154074


Buyers Agent Eastern Suburbs

15 Mulwarree Ave Randwick – SOLD $2,300,000

15% Over agents price guide

House – Beds: 3 Bath: 1 Parking: 0 Land size: 418m2

Price Guide: $2,000,000 – Opening bid: $1,600,000

Bidders: 3 – Bids: 29 – Last Sold: 18 Aug 2017 $3,200,000

https://www.realestate.com.au/property-house-nsw-randwick-133083970


Auction Results Sydney 4 April 2020

9 & 11-13 Mulwarree Ave Randwick – SOLD $11,435,000

14.35% Over agents price guide

Block of Units – Beds: 30 Bath: 20 Parking: 0 Land size: 1280m2

Price Guide: $10,000,000 – Opening bid: $9,800,000

Bidders: 2 – Bids: 29 – Last Sold: Not available

https://www.realestate.com.au/property-unitblock-nsw-randwick-133083622


Buyers Agent Sydney

19 Mulwarree Ave Randwick – PASSED IN $2,060,000

% Over agents price guide

House – Beds: 4 Bath: 2 Parking: 1 Land size: 418m2

Price Guide: $2,100,000 – Opening bid: $1,700,000

Bidders: 3 – Bids: 15 – Last Sold: 8 Nov 1996 $520,000

https://www.realestate.com.au/property-house-nsw-randwick-133203146


Auction Results Sydney 4 April 2020

23-23a Mulwarree Ave Randwick – PASSED IN $2,530,000

1.2% Over agents price guide

Semi – Beds: 6 Bath: 2 Parking: 4 Land size: 279m2

Price Guide: $2,500,000 – Opening bid: $1,800,000

Bidders: 3 – Bids: 23 – Last Sold: 2 May 1980 $132,000

https://www.realestate.com.au/property-duplex+semi-detached-nsw-randwick-133207034


Auction Results Sydney 4 April 2020

21-21a Mulwarree Ave Randwick – PASSED IN $2,650,000

6% Over agents price guide

Semi – Beds: 7 Bath: 4 Parking: 3 Land size: 252m2

Price Guide: $2,500,000 – Opening bid: $1,900,000

Bidders: 3 – Bids: 39 – Last Sold: 14 May 2014 $288,000

https://www.realestate.com.au/property-duplex+semi-detached-nsw-randwick-133203418


Auction Bidding

12 Eve St Strathfield – SOLD $1,180,000

31.11% Over agents price guide

House – Beds: 2 Bath: 1 Parking: 2 Land size: 312m2

Price Guide: $900,000 – Opening bid: $950,000

Bidders: 4 – Bids: 51 – Last Sold: 21 Sep 1988 $185,000

https://www.realestate.com.au/property-house-nsw-strathfield-133166798


Auction Bidding Service

Buyers Agent Lower North ShoreCase Study

26/19a Young St Neutral Bay – Read Report

 

 

Articles by TBAS®Auction Bidding Service

5 Tips for Auction Success

 

 

 

Need Help Buying Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304


 

 

Subscribe to TBAS® Auction Reports

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.