Auction Results Sydney 2 July 2022

Auction Results Sydney 2 July 2022

Auction Results Sydney 2 July 2022

Auction Results Sydney

Comment: Auction Results Sydney

Sydney home prices have dropped a modest 1.5 per cent over the past 3 months and 0.4 per cent over June. Some of the biggest drops in prices over recent months occurred in coastal or “lifestyle” regions, including the Sutherland Shire, where the median price of houses dropped 5 per cent over the quarter to June and the northern beaches was 7 per cent over the same period. The median home value in Sydney is now $1.1 million

The Commonwealth Bank is forecasting Sydney house prices to drop 11 per cent over 2022 and a further 7 per cent drop in 2023. A-grade properties are still attracting significant interest; However B and C grade properties need to be discounted to sell.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Redfern – Terrace. Guide: Early $1’s. 2 bed, 1 bath, 89m2

Randwick – Guide: $3.6m. 5 bed, 2 bath, land 262sqm

Collaroy Plateau – Guide $3.5m. 5 bed, 3 bath, 2 car, pool, land 1,180sqm 

Vaucluse – Knock down. For sale $7m. Approx. 600sqm. Water views

South Coogee – Circa:: $13-$15m

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 2 July 2022

CLEARANCE RATE: 57.14% - SOLD: 4 - PASSED IN: 3 - AUCTIONS: 7

409/80 Ebley Street, Bondi Junction - PASSED IN $1,050,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $18,421

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 57m2

Price Guide: $1,050,000 - Opening bid: $1,050,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 2 Nov 2017 for $1,150,000

8/20 Melrose Parade, Clovelly - PASSED IN $1,600,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $16,666

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 96m2

Price Guide: $ - Opening bid: $1,350,000

Bidders: 3 - Bids: 20 - Last Sold: Not available

57B Blake Street, Dover Heights - PASSED IN $3.4 (VB) SOLD POST AUCTION

% Over agents price guide - Price Per Square Meter: $14,847

Duplex - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 229m2

Price Guide: $3,500,000 - Opening bid: $3,300,000

Bidders: 1 - Bids: 2 - Last Sold: Not available

502/12 Glen Street, Milsons Point - SOLD $1,720,000

7.5% Over agents price guide - Price Per Square Meter: $14,956

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

Price Guide: $1,600,000 - Opening bid: $1,600,000 (Vendors bid)

Bidders: 2 - Bids:16 - Last Sold: 9 Aug 2006 for $680,000

17/89-91 Dangar Street, Randwick - SOLD POST AUCTION

% Over agents price guide - Price Per Square Meter: $

Unit - Beds: 3 - Bath: 3 - Parking: 2 - Unit size: 234m2

Price Guide: $2,100,000 - Opening bid: $2,100,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: 16 Jun 2011 for $930,000

82 St Marks Road, Randwick - SOLD $5,700,000

14% Over agents price guide - Price Per Square Meter: $12,837

House - Beds: 5 - Bath: 3 - Parking: 3 - Land size: 444m2

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

Bidders: 4 - Bids: 13 - Last Sold: 26 Nov 1992 for $375,000

6/335 Military Road, Vaucluse - PASSED IN $1,360,000

% Over agents price guide - Price Per Square Meter: $14,020

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 97m2

Price Guide: $1,350,000 - Opening bid: $1,300,000

Bidders: 2 - Bids: 4 - Last Sold: 2 Sep 2019 for $1,250,000

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Auction Results Sydney 25 June 2022

Auction Results Sydney 25 June 2022

Auction Results Sydney 25 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Property prices for cheaper homes are holding up the best in Sydney. More affordable homes priced up to about $829,300 increased a marginal 0.1 per cent over the three months to May. Prices for the top quarter fell 2.7 per cent. Eliza Owen, CoreLogic’s head of residential research for Australia said affordability and credit constraints may have pushed more buyers into the bottom quarter of the market, making the price segment more resilient.

The fear of missing out ‘FOMO’ has certainly evaporated, however buyers with the bargain-hunt mentality waiting to pick the bottom of the market risk missing out on the limited supply of A grade properties coming onto the market. If you find a property that ticks all the boxers, chances are other buyers will see value now and in the future, underpinning it’s value.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Dover Heights – For sale: $14-$15m. 4 beds all with ens. DLUG, pool, views.

Maroubra – Lurline Bay Beach House with views & pool. Guide: $5m. 3 bed, 2 bath, 3 car. 

Balmain – For sale: $1.8m. 2 bedroom freestanding home with parking on 152 sqm.

Vaucluse – Knock down. For sale $7m. Approx. 600sqm. Water views

Haberfield – 4 bed, 2 bath, 2 car. Pool. 695 sqm land Guide: $4-$4.4m

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 25 June 2022

CLEARANCE RATE: 33.33% - SOLD: 2 - PASSED IN: 4 - AUCTIONS: 6

23 Burra Road, Artarmon - PASSED IN $3,650,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $5,251

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 695m2

Price Guide: $3,650,000 - Opening bid: $3,650,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 25 Aug 2005 for $1,280,000

1/19 Roscoe Street, Bondi Beach - PASSED IN $1,350,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $19,285

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 70m2

Price Guide: $ - Opening bid: $1,200,000

Bidders: 1 - Bids: 2 - Last Sold: 23 May 2018 for $1,110,000

69 Cope Street, Redfern - PASSED IN $1,450,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $13,425

Terrace - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 108m2

Price Guide: $ - Opening bid: $1,200,000

Bidders: 1 - Bids: 2 - Last Sold: 26 Jun 2015 for $980,000

31 Onslow Street, Rose Bay - PASSED IN $3,600,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $11,764

Semi - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 306m2

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

Bidders: 1 - Bids: 3 - Last Sold: 7 Jun 2003 for $1,297,000

22 Tucabia Street, South Coogee - SOLD $3,620,000

% Over agents price guide - Price Per Square Meter: $6,908

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 524m2

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

Bidders: 4 - Bids: 21 - Last Sold: First time offered

7/41-45 Wallis Street Woollahra - SOLD $895,000

% Over agents price guide - Price Per Square Meter: $14,435

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 62m2

Price Guide: $ - Opening bid: $890,000 (Vendors bid)

Bidders: 1 - Bids: 3 - Last Sold: Not available

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Auction Results Sydney 18 June 2022

Auction Results Sydney 18 June 2022

Auction Results Sydney 18 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Buyers are in the driver’s seat. Stock levels are above average levels, properties are taking longer to sell and vendors are having to discount more to meet the market. Sydney prices declined by 0.29 per cent over May – the biggest drop in the country – but prices in regional NSW are up 0.25 per cent over the month.

Despite the slowdown in price growth, prices are still up 35% nationally since the start of the pandemic. This increase in prices and equity continues to enable many existing owners to upgrade or change locations. The slowdown has resulted in more balanced conditions for buyers and sellers. Furthermore, the changeover price to buy and sell is decreasing.

Major bank forecasters do not expect the RBA to increase interest rates nearly as quickly as financial markets, pegging the official rate closer to 1.5% or 1.75% at the end of the year.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Darling Point – Guide $3.3m. Unit: 3 bed, 2 bath, 2 car. 126sqm.

Double Bay – Guide: $1.5m. Unit: 2 bed, 1 bath, 1 car. 

Newtown – For sale: $2.2- $2.4m. 3 bed, 2 bath, 1 car. 5.7m wide renovated terrace. 146sqm

Kingsford – Freestanding home. R3 zoning. 418sqm. Level & square.

Mosman – Development site. 2 dwellings side-by-side. 760sqm. R3 zoning. 11m height. Guide: $8m

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 18 June 2022

CLEARANCE RATE: 85.71% - SOLD: 6 - PASSED IN: 1 - AUCTIONS: 7

11/7-9 Birriga Road, Bellevue Hill - SOLD $5,600,000

% Over agents price guide - Price Per Square Meter: $?

Unit - Beds: 3 - Bath: 2 - Parking: 4 - Unit size: ?m2

Price Guide: $6,000,000 - Opening bid: $5,000,000

Bidders: 1 - Bids: 2 - Last Sold: 16 May 1997 for $1,800,000

10/34 Bream Street, Coogee - SOLD $1,585,000

% Over agents price guide - Price Per Square Meter: $17,043

Unit - Beds: 2 - Bath: 1 - Parking: 2 - Unit size: 93m2

Price Guide: $? - Opening bid: $1,3800,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 12 Nov 2008 for $555,000

4/191 Darlinghurst Road, Darlinghurst - PASSED IN $740,000 (Vendors bid)

5.71% Over agents price guide - Price Per Square Meter: $12,758

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 58m2

Price Guide: $700,000 - Opening bid: $740,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 23 May 2013 for $530,000

9 Wybalena Place, Jannali - SOLD $1,400,000

% Over agents price guide - Price Per Square Meter: $1,997

House - Beds: 2 - Bath: 2 - Parking: 1 - Land size: 701m2

Price Guide: $1,400,000 - Opening bid: $1,380,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: 3 Oct 2019 for $775,000

83A Wyralla Road, Miranda - SOLD $2,650,000

% Over agents price guide - Price Per Square Meter: $8,333

Duplex - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 318m2

Price Guide: $? - Opening bid: $1,900,000

Bidders: 2 - Bids: 15 - Last Sold: Not available

9 Field of Mars Avenue, Turramurra - SOLD $2,200,000

% Over agents price guide - Price Per Square Meter: $2,173

House - Beds: 4 - Bath: 2 - Parking: 3 - Land size: 1,012m2

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

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

11 Womerah Street, Turramurra - SOLD $2,400,000

41.17% Over agents price guide - Price Per Square Meter: $2,144

House - Beds: 7 - Bath: 2 - Parking: 2 - Land size: 1,119m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 2 - Bids: 30 - Last Sold: 21 Nov 2014 for $1,200,000

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Auction Results Sydney 11 June 2022

Auction Results Sydney 11 June 2022

Auction Results Sydney 11 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Buyers face reduced borrowing power and higher mortgage repayments due to the RBA’s decision to raise rates by 0.5 per cent to 0.85 per cent. Rising rates have already started to flow through to the market quickly as it is capping the borrowing capacity of buyers.

The cash rate is tipped to be around 2.35 per cent by the middle of next year, which could see Sydney property prices drop around 10 per cent. We are not expecting an oversupply of properties from forced sales, due to the substantial equity most Sydneysiders have.

Furthermore, the number of freestanding properties in sought after areas for sale are expected to fall quite a lot as vendors become reluctant to sell in a cooling market.

Gareth Aird, head of Australian economics at Commonwealth Bank, said prices falls could be short-lived. With economic momentum expected to slow significantly, a rate cut could be on the cards by late 2023.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Turramurra – $2.35m. 3 bed, 2 bath, 2 car, Single level home on 986sqm.

Wahroonga – . Modern  quality home in cul-de-sac. Guide: $1.8m. 3 bed, 3 bath, 2 car. 

Lilyfiled – Guide: $2.2m. 3 bed, 2 bath, 1 car. well-appointed family home close to Annandale village.

Bowral – Industrial estate. Land: 4,892m2. Floor size: 1,500m2

Cromer – Guide: $3.5m. 4 bed, 3 bath, 2 car. Double brick home. Lans: 1,012sqm

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 11 June 2022

CLEARANCE RATE: 75% - SOLD: 3 - PASSED IN: 1 - AUCTIONS: 4

45 Wilga Street, Corrimal - SOLD $1,144,000

8.75% Over agents price guide - Price Per Square Meter: $1,643

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 696m2

Price Guide: $960,000 - Opening bid: $960,000

Bidders: 3 - Bids: 16 - Last Sold: First time offered

37 Sowerby Street, Muswellbrook - PASSED IN $950,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $

House - Beds: 6 - Bath: 4 - Parking: 3 - Land size: 1,920m2

Price Guide: $1,000,000 - Opening bid: $650,000

Bidders: 2 - Bids: 3 - Last Sold: 15 Feb 2002 for $525,000

6 Plumer Road, Rose Bay - SOLD $4,835,000

15.11% Over agents price guide - Price Per Square Meter: $13,174

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 367m2

Price Guide: $4,200,000 - Opening bid: $4,200,000 (Vendors bid)

Bidders: 2 - Bids: 20 - Last Sold: 8 Sep 2000 for $245,000

903/156-158 Pacific Highway, North Sydney - SOLD $2,910,000

0.34% Over agents price guide - Price Per Square Meter: $12,597

Unit - Beds: 3 - Bath: 3 - Parking: 2 - Unit size: 231m2

Price Guide: $2,900,000 - Opening bid: $2,700,000

Bidders: 1 - Bids: 3 - Last Sold: 25 Sep 2014 for $2,450,000

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Auction Results Sydney 4 June 2022

Auction Results Sydney 4 June 2022

Auction Results Sydney 4 June 2022

Auction Results Sydney

Comment: Auction Results Sydney

Sydney house values this quarter have edged down by 1.3 per cent, but over the past year they are still up by 12 per cent. Unit values fell by 0.7 per cent in the month to be down by 1.6 per cent over the quarter.

Sydney suburbs with the biggest declines in house values are Beaconsfield minus 8.5%, Darlinghurst minus 8.3% and Surry Hills minus 7.8%. Buyer activity has picked up post-election, with many buyers realising now is a good time to upgrade with the change over costs lowering.

SQM Research director Louis Christopher said falls in prices were common in an environment where interest rates were rising and it was likely Sydney prices would continue to dip.

But a “crash” in prices was unlikely due to low unemployment figures. There was also a chance high inflation would prevent a significant price correction.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Tamarama – $28m. 5 bed, 3 bath, 2 car, pool, lift. Views.  Land size approx 500m2. 

Turramurra – $2.5m. 4 bed, 2 bath, 2 car, Beautiful family home.

Randwick – Freestanding house. Guide: $3m. 4 bed, 1 bath, 2 car. Land 493 sqm approx.

Rosebery – Unit: Guide: $1.15m. 3 bed, 2 bath, 1 car. 117sqm approx.

Double Bay – Unit. Guide $1m. 2 bed, 1 bath

Kensington – Guide: $3m. 5 bed, 2 bath, 1 car. Pool. Land 341sqm approx.

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 4 June 2022

CLEARANCE RATE: 100% - SOLD: 7 - PASSED IN: 0 - AUCTIONS: 7

145 Edinburgh Circuit, Cecil Hills - SOLD $1,100,000

% Over agents price guide - Price Per Square Meter: $2,813

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 391m2

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

Bidders: 3 - Bids: 20 - Last Sold: 18 Nov 2003 for $582,000

99 Cook Road, Centennial Park - SOLD $4,500,000

7.14% Over agents price guide - Price Per Square Meter: $12,261

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 367m2

Price Guide: $4,200,000 - Opening bid: $4,200,000 (Vendors bid)

Bidders: 4 - Bids: 16 - Last Sold: 14 Dec 1984 for $232,000

1/11 Varna Street, Clovelly - SOLD $2,656,000

% Over agents price guide - Price Per Square Meter: $

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

Price Guide: $ - Opening bid: $1,900,000

Bidders: 5 - Bids: 45 - Last Sold: 21 Oct 2015 for $1,520,500

60 Edward Street, Darlington - SOLD $1,851,000

8.88% Over agents price guide - Price Per Square Meter: $14,927

Terrace - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 124m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 3 - Bids: Circa 30 - Last Sold: 3 Jun 1988 for $159,000

302/16-18 Cross Street, Double Bay - SOLD $1,918,000

3.67% Over agents price guide - Price Per Square Meter: $25,236

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 76m2

Price Guide: $1,850,000 - Opening bid: $1,800,000

Bidders: 1 - Bids: 5 - Last Sold: 1 Dec 2016 for $1,500,000

10 Cascade Street, Paddington - SOLD $3,080,000

18.46% Over agents price guide - Price Per Square Meter: $24,640

Terrace - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 125m2

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

Bidders: 4 - Bids: 16 - Last Sold: 1 Oct 1996 for $480,000

44 Towns Road, Vaucluse - SOLD $9,000,000

12.5% Over agents price guide - Price Per Square Meter: $?

House - Beds: 7 - Bath: 4 - Parking: 2 - Land size: ?m2

Price Guide: $8,000,000 - Opening bid: $7,000,000

Bidders: 3 - Bids: 23 - Last Sold: 14 Dec 1984 for $232,000

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Auction Results Sydney 28 May 2022

Auction Results Sydney 28 May 2022

Auction Results Sydney 28 May 2022

Auction Results Sydney

Comment: Auction Results Sydney

The Labor Government’s New Policies won’t be enough to soften the impact of rising interest rates and the rising cost of living on Australian households. House Prices are predicted to continue to soften despite new policies aimed at helping first home buyers, single parents and low-income earners.

Westpac has forecast a price fall of 2 per cent across the country by the end of the year, and a further 8 per cent in 2023, and is not changing its stance. However,  but record-low unemployment and the reopening of international borders will help to provide some support over the next couple of years.

Sydney house prices had already passed their peak, with the harbour city’s prices flattening. Remember when prices come down, so to do change over costs, making it more affordable to transact. Also, the most important thing is to trade in the same set of conditions.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Maroubra – Walk to Maroubra Beach. Guide: $4-$4.2m Land size approx 408m2. 3 bed, 2 bath, 1 car. 

Cremorne – Townhouse. Guide: $1.6m. 2 bed, 1.5 bath, 1 car. 146 sqm on title.

Rose Bay – Unit: Guide: $2.2- $2.3m. Renovated 7 large north balcony. 3 bed, 2 bath, 4 car. 

Dover Heights – Immaculately family home. (Large Duplex) High end finishes. Bridge views. Guide: $6.6m

Kensington – Guide: $3.8m. 4 bed, 3 bath, 3 car. Land 658m2

Woronora River – Guide: $2.5m – Waterfront, 2 years old. Quality finishes 3 bed, 2 bath

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 28 May 2022

CLEARANCE RATE: 83.33% - SOLD: 5 - PASSED IN: 1 - AUCTIONS: 6

4/40 Beach Road, Bondi Beach - PASSED IN $1,600,000 (Sold post auction)

% Over agents price guide - Price Per Square Meter: $

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 102m2

Price Guide: $1,600,000 - Opening bid: $1,600,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 2 Sep 1988 for $96,000

16 Wolseley Road, Coogee - SOLD $13,100,000

% Over agents price guide - Price Per Square Meter: $32,425

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 404m2

Price Guide: $? - Opening bid: $10,250,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 20 Mar 2004 for $2,150,000

2F/6 Hampden Street, Paddington - SOLD $825,000

10% Over agents price guide - Price Per Square Meter: $

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

Price Guide: $750,000 - Opening bid: $750,000

Bidders: 1 - Bids: 5 - Last Sold: 2 Jun 2014 for $610,000

25 William Street, Paddington - SOLD $2,340,000

17% Over agents price guide - Price Per Square Meter: $22,718

Shop - Floor area: 74 - Land size: 103m2

Price Guide: $2,000,000 - Opening bid: $1,900,000 (Vendors bid)

Bidders: 2 - Bids: 14 - Last Sold: Not available

650 Bourke Street, Redfern - SOLD $1,613,000

79.22% Over agents price guide - Price Per Square Meter: $13,330

Shop - Floor area: 180 - Land size: 121m2

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

Bidders: 3 - Bids: 22 - Last Sold: 19 Jul 2006 for $205,000

3/591 New South Head Road, Rose Bay - PASSED IN $3,000,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $21,897

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 137m2

Price Guide: $3,000,000 - Opening bid: $3,000,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 9 Oct 2018 for $1,900,000

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Auction Results Sydney 21 May 2022

Auction Results Sydney 21 May 2022

Auction Results Sydney 21 May 2022

Auction Results Sydney

Comment: Auction Results Sydney

Location, Location Location: Australian house values rose 84.3 per cent and Units values rose 50.4 per cent over the past decade, according to CoreLogic. Houses in sought-after parts of Sydney performed a lot better over the 10 years period. The Northern Beaches up 145 per cent, Baulkham Hill & Hawkesbury up 143 per cent,  Eastern Suburbs up 138 per cent, North Sydney & Hornsby up 134 per cent and the Inner West up 130 per cent. Mining towns continue to be a poor investment with places like Port Hedland in WA,  where house values are 46.4 per cent lower than 10 years ago.

Buyers were now more cautious in their spending on B grade properties, such as properties in poor locations, those with structural problems and smaller homes.

Interesting property statistics from Quarter 1 of 2022, with 2 bedrooms units in Sydney performing the worst.

1 bedroom units down 1.5%, 2 bedrooms units down 4.9%, 3 bedrooms units down 3.5%

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.

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

Weekly OFF MARKET OPPORTUNITIES

Kingsford – Freestanding Bungalow. For sale: $2.150-$2.250m. 3 bed, 2 bath, 1 car. 

Bronte – Semi. Guide: $4m. 3 bed, 1 bath, 1 parking. Land size 246sqm approx.

Rose Bay – Penthouse: Guide: $3.5m. 3 beds, 2 baths, 2 cars. 

Guildford – For sale $1,050,000 – R3 zone, 2 land lots, 531m2

Wahroonga – Circa $2m. 4 beds, 2 baths, 2 car

Clovelly – Guide: $5.3 – Near new sleek, tri-level home. 5 bed, 3 bath, 2 car

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 21 May 2022

CLEARANCE RATE: 66.66% - SOLD: 4 - PASSED IN: 2 - AUCTIONS: 6

37 Cook Road, Centennial Park - SOLD $5,010,000

% Over agents price guide - Price Per Square Meter: $12,587

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 398m2

Price Guide: $ - Opening bid: $3,500,000

Bidders: 5 - Bids: 29 - Last Sold: 26 May 1987 for $267,000

29 Fowler Crescent, South Coogee - SOLD $5,480,000

% Over agents price guide - Price Per Square Meter: $8,106

House - Beds: 6 - Bath: 4 - Parking: 4 - Land size: 676m2

Price Guide: $? - Opening bid: $4,000,000

Bidders: 4 - Bids: Circa 20 - Last Sold: First time offered

86 Dover Road, Rose Bay - SOLD $5,300,000

17.77% Over agents price guide - Price Per Square Meter: $13,766

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 385m2

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

Bidders: 2 - Bids: 18 - Last Sold: Not available

7/34 Hamilton St, Rose Bay - Passed in $1,900,000

2.63% Over agents price guide - Price Per Square Meter: $15,322

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 124m2

Price Guide: $1,850,000 - Opening bid: $1,850,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: Not available

20 Onslow Street, Rose Bay - SOLD $4,600,000

15% Over agents price guide - Price Per Square Meter: $14,983

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 307m2

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

Bidders: 3 - Bids: 19 - Last Sold: 27 Aug 2011 $1,777,000

403/828 Elizabeth Street, Waterloo - Passed in $1,090,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $9,819

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 111m2

Price Guide: $? - Opening bid: $1,090,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 17 Jul 2012$702,500

Auction Results Sydney

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Auction Results Sydney 14 May 2022

Auction Results Sydney 14 May 2022

Auction Results Sydney 14 May 2022

Auction Results Sydney

Comment: Auction Results Sydney

Is it a Buyers Market? Housing prices could fall by up to 10 per cent next year, according to HSBC. Email enquiries to agents via realestate.com.au for houses fell 15.9% and units fell 11.6%, however houses remain the dominant type although the unit share of enquiry continues to increase. The widening difference between the price of houses and the price of units is fuelling unit enquiry.

Properties sold via auction in April attracted 11.9 per cent more than the highest pre-auction offer received, down from the 14.8 per cent peak in August last year according to Ray White Group chief economist Nerida Conisbee. Sydney seems to be slowing down a bit quicker than other states, which isn’t surprising as the market has [higher] debt levels, so an interest rate rise is a lot more concerning, Conisbee said.

Sydney auctioneer Michael Garofolo, of Cooley Auctions, said buyer turnout had pulled back as increased supply gave house hunters more choice in recent months. Vendors have realised if we want to sell we have to meet the market, Garofolo said, adding those who set unrealistic reserve prices were having to adjust them mid-auction to sell.

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.

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

Weekly OFF MARKET OPPORTUNITIES

Bellevue Hill – Unit. For sale: $2.7m. 2 bed, 1 bath. Renovated block of only 6

Bronte – Semi. Guide: $4m. 3 bed, 1 bath, 1 parking. Land size 246sqm approx.

Bondi Junction – Cottage. Guide: $1.850m. 2 bed, 1, bath. Land size 105 sqm

Maroubra – Guide $5m – newly renovated

Bondi Junction – Semi For Sale: $2.5m – 2 bed, 1 bath, 1 car. Land size: 227sqm

Get in touch to learn more about our extensive list of off market properties and how TBAS® Buyers Agents can simplify the buying process.

Auction Results Sydney 14 May 2022

CLEARANCE RATE: 57.14% - SOLD: 4 - PASSED IN: 3 - AUCTIONS: 7

27 Godfrey Road, Artarmon - SOLD $3,750,000

% Over agents price guide - Price Per Square Meter: $4,986

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 752m2

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

Bidders: 4 - Bids: 27 - Last Sold: First time offered

53 Cove Street, Birchgrove - SOLD $4,205,000

20.14% Over agents price guide - Price Per Square Meter: $19,027

House - Beds: 4 - Bath: 2 - Parking: 0 - Land size: 221m2

Price Guide: $3,500,000 - Opening bid: $3,500,000

Bidders: 2 - Bids: 20 - Last Sold: 21 Fed 2006 for $920,000

60 Kenthurst Road, Dural - PASSED IN $5,500,000 (Vendors bid)

10% Over agents price guide - Price Per Square Meter: $272

House - Beds: 4 - Bath: 3 - Parking: 3 - Land size: 20200m2

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

Bidders: 3 - Bids: 15 - Last Sold: 3 Apr 2002 for $1,500,000

12a Cowell Street, Gladesville - PASSED IN $3,750,000

% Over agents price guide - Price Per Square Meter: $5,760

House - Beds: 4 - Bath: 3 - Parking: 3 - Land size: 651m2

Price Guide: $ - Opening bid: $3,500,000

Bidders: 3 - Bids: 4 - Last Sold: 11 Mar 2021 for $2,250,000

802/1-7 Gloucester Place, Kensington - Purchased Off Market $1,600,000

% Over agents price guide - Price Per Square Meter: $15,094

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 106m2

Price Guide: $# - Opening bid: $#

Bidders: # - Bids: # - Last Sold: 25 Mar 2011 for $695,500

43 Edmund Street, Lindfield, - SOLD $2,300,000

% Over agents price guide - Price Per Square Meter: $3,276

House - Beds: 2 - Bath: 2 - Parking: 2 - Land size: 702m2

Price Guide: $2,350,000 - Opening bid: $2,100,000

Bidders: 3 - Bids: 8 - Last Sold: Not available

36 Victoria Street, Waverley - PASSED IN $3,125,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $17,076

House - Beds: 4 - Bath: 3 - Parking: 0 - Land size: 183m2

Price Guide: $3,100,000 - Opening bid: $3,050,000

Bidders: 1 - Bids: 2 - Last Sold: 16 Jan 2014 for $1,630,000

Auction Results Sydney

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