Auction Results Sydney 2 May 2020
Auction Results Sydney
Comment: Property Values
Auction Results Sydney
- Limited housing supply is insulating property values. 'Mortgage Holidays' are preventing distressed sales and unprecedented Government stimulus is keeping businesses afloat. We will more than likely see drop in property values over the May period, with rising vacancies and falling rents.
- So far, widespread property bargains haven't materialised as a result of the pandemic and prices haven’t slumped dramatically, in a critical blow to home buyers, with buyer confidence is rising.
- First Home Buyers with government assistance have been very active in the property market. Also, 'Upgraders' realising it's the perfect time to trade up, are snapping up bargains.
- Demand for Houses is outstripping Apartments, as savvy Investors want Capital Growth Producing Properties as opposed to high yielding apartments.
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.
TBAS® Property News
Auction Clearance Rate - NSW: 64% | Victoria: 55%
Sydney house prices inched up over April despite weaker economy
House more popular than units with Property Investors
Sydney House Prices: Decline in listings could put a floor under price declines
Sydney House Prices hold firm despite plunge in new listings
Is now a good time to get a discount when buying a unit off-the-plan?
Auction Results Sydney 2 May 2020.
Clearance Rate: 33% - Sold:4 - Passed In:8 - Withdrawn:0 - Auctions:12

190 Henderson Rd Alexandria - SOLD $1,520,000
?% Over agents price guide
Terrace - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 182m2
Price Guide: $? - Opening bid: $1,200,000
Bidders: 5 - Bids: 44 - Last Sold: 22 Mar 1996 $295,000
https://www.realestate.com.au/property-terrace-nsw-alexandria-133347754

88 Macpherson St Bronte - PASSED IN $3,150,000 (Vendors bid)
5% Over agents price guide
House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 293m2
Price Guide: $3,000,000 - Opening bid: $2,750,000
Bidders: 1 - Bids: 2 - Last Sold: 4 Dec 1995 $340,000
https://www.realestate.com.au/property-house-nsw-bronte-133360814

239 & 241-243 Abercrombie St Darlington - SOLD $3,150,000
0% Over agents price guide
Commercial Building - Floor area: 406 - Bath: 2 - Parking: 4 - Land size: 344m2
Price Guide: $3,200,000 - Opening bid: $3,150,000
Bidders: 1 - Bids: 1 - Last Sold: 18 Aug 1987 $235,000*

46 Grayson Rd North Epping - PASSED IN $1,705,000
0.29% Over agents price guide
House - Beds: 7 - Bath: 5 - Parking: 3 - Land size: 740m2
Price Guide: $1,700,000 - Opening bid: $1,675,000
Bidders: 1 - Bids: 3 - Last Sold: 17 Aug 2015 $1,420,000
https://www.realestate.com.au/property-house-nsw-north+epping-133354758

19/9A Cook St Glebe - SOLD $955,000
0.52% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 71m2
Price Guide: $950,000 - Opening bid: $940,000
Bidders: 1 - Bids: 2 - Last Sold: 10 May 2014 $840,000
https://www.realestate.com.au/property-apartment-nsw-glebe-133410770

95-99 Blaxcell St Granville - SOLD $2,130,000
?% Over agents price guide
Land - Beds: - Bath: - Parking: - Land size: 922m2
Price Guide: $? - Opening bid: $1,600,000
Bidders: ? - Bids: 30 - Last Sold: Not available
https://www.commercialrealestate.com.au/property/95-99-blaxcell-street-granville-nsw-2142-2016170617

3/9 Innes Rd Manly Vale - PASSED IN $800,000 (Vendors bid)
6.66% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 92m2
Price Guide: $750,000 - Opening bid: $715,000
Bidders: 1 - Bids: 2 - Last Sold: 11 Apr 2017 $730,000
https://www.realestate.com.au/property-apartment-nsw-manly+vale-133330578

3 & 4/18 Lower Boyle St Mosman - PASSED IN $1,400,000
3.7% Over agents price guide
Unit - Beds: 2 - Bath: 2 - Parking: 0 - Unit size: 132m2
Price Guide: $1,350,000 - Opening bid: $1,000,000
Bidders: 5 - Bids: 25 - Last Sold: 18 Nov 2010 $950,000
https://www.realestate.com.au/property-apartment-nsw-mosman-133321022

98 Wells St Newtown - PASSED IN $1,301,000
8.41% Over agents price guide
Terrace - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 173m2
Price Guide: $1,200.000 - Opening bid: $1,200,000
Bidders: 2 - Bids: 14 - Last Sold: 29 Nov 1995 $158,000
https://www.realestate.com.au/property-house-nsw-newtown-133409918

302/121 Walker St North Sydney - PASSED IN $1,700,000 (Vendors bid)
0% Over agents price guide
Office - Floor area: 210 - Bath: - Parking: 2 - Land size:
Price Guide: $1,700,000 - Opening bid: $1,700,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: Not available

10 Keppel Rd Ryde - PASSED IN $1,375,000 (Vendors bid)
0% Over agents price guide
House - Beds: 5 - Bath: 1 - Parking: 1 - Land size: 666m2
Price Guide: $1,375,000 - Opening bid: $1,375,000 (Vendors bid)
Bidders: 0 - Bids: 1 - Last Sold: Not available
https://www.realestate.com.au/property-house-nsw-ryde-133264322

140 Foveaux St Surry Hills - PASSED IN $1,801,000
5.94% Over agents price guide
Terrace - Beds: 3 - Bath: 2 - Parking: 0 - Land size: 82m2
Price Guide: $1,700,000 - Opening bid: $1,700,000
Bidders: 2 - Bids: 13 - Last Sold: 17 Oct 2006 $910,000
https://www.realestate.com.au/property-house-nsw-surry+hills-133404046

Recent Media for TBAS®
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
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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.