Auction Results Sydney 9 May 2020

Auction Results Sydney 9 May 2020

Auction Results Sydney 9 May 2020

Auction Results Sydney

 Comment: Property Values

Auction Results Sydney

- Sydney Buyers are starting to flood the Real Estate Market, realising it is a perfect time to buy. Search activity across Australia is up 5.3 per cent over the past week and is set to increase after the NSW government lifted the restrictions on open homes and auctions as of Saturday 9 May.

 

- 'Property Doomsayers' predicting a 30% decline in Sydney Property Prices look set to be sadly disappointed again, with prices up 0.4 per cent in April. Data is suggesting a modest 5 per cent decline over the next 6-9 months, but TBAS® Buyers Agents are predicting it will be at least around 10 per cent.

 - Sydney Real Estate discounted by an average of 5.37 per cent: Property in Sydney is not being discounted by as much as it was last year. Sellers on the lower north shore have been offering the biggest price cuts, dropping house asking prices by an average of 9.14 per cent and in the East 6.92 per cent.

 

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 and Onsite as of this Saturday. 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 Onsite to purchase properties for their clients. For more details contact us.


Auction Results Sydney 9 May 2020.

Clearance Rate: 40% - Sold:2 - Passed In:3 - Withdrawn:0 - Auctions:5

 

Auction Results Sydney

30 Byrne Ave Drummoyne - SOLD $1,856,000

7.90% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 1  - Land size: 316m2

Price Guide: $1,720,000 - Opening bid: $1,720,000 (Vendors bid)

Bidders: 3 - Bids: 12 - Last Sold: 22 Sep 2004 $850,000

https://www.realestate.com.au/property-house-nsw-drummoyne-133383302


Auction Results Sydney 9 May 2020

2/73 Evans St Freshwater - PASSED IN  $1,585,000

5.66% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1  - Unit size: 85m2

Price Guide: $1,500,000 - Opening bid: $1,400,000

Bidders: 4 - Bids: 14 - Last Sold: 5 Mar 2004 $850,000

https://www.realestate.com.au/property-apartment-nsw-freshwater-133412082


Buyers Agent Eastern Suburbs

6/62 Marine Pde Maroubra - PASSED IN  $1,500,000 (Vendors bid)

7.14% Over agents price guide

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

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

Bidders: 2 - Bids: 4 - Last Sold: Not available

https://www.domain.com.au/6-62-marine-parade-maroubra-nsw-2035-2016205298


Buyers Agent Sydney

28/600 Military Rd Mosman - PASSED IN $950,000

% Over agents price guide

Unit - Beds: 2 - Bath: 2 - Parking: 1  - Unit size: 125m2

Price Guide: $? - Opening bid: $950,000

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

https://www.realestate.com.au/property-apartment-nsw-mosman-133013902


Auction Results Sydney

1-5/35 Park Ave Westmead - SOLD $3,855,000

48.26% Over agents price guide

Block of Units - Beds: 11 - Bath: 7 - Parking: 1  - Land size: 715m2

Price Guide: $2,600,000 - Opening bid: $2,100,000

Bidders: 4 - Bids: 119 - Last Sold: 11 Jun 1982 $125,000

https://www.commercialrealestate.com.au/property/1-5-35-park-avenue-westmead-nsw-2145-2016207117


Auction Results Sydney

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


 

 

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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 property.