Auction Results Sydney 15 May 2021
Auction Results Sydney
Comment: Auction Results Sydney
According to CoreLogic today the total value of residential real estate in Australia has reached $8.1 trillion. Australian residential property is now approximately four times the size of Australian GDP, and around $1 trillion more than the combined value of the ASX, superannuation and commercial real estate stock combined.
The increase in the value of residential real estate has put Australian home owners in a strong equity position, with the RBA estimating just 1.3% of housing loans to be in a negative equity position at the start of 2021.
First Home Buyers: The Federal Budget is focused on helping young people get into the property market, extending a leg-up over the deposit hurdle. This time, there is assistance specifically for single parent households, as well as support for first home buyers purchasing or building new homes.
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, Summer Hill, Avalon Beach and North Balgowlah.
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