Auction Results Sydney 11 December 2021

Auction Results Sydney 11 December 2021

Auction Results Sydney 11 December 2021

Auction Results Sydney

Comment: Auction Results Sydney

New lending restrictions is cutting borrowing capacity by as much as 15 per cent. The maximum amount of money buyers can borrow was reduced last month as the bank regulator tries to ensure homeowners only take on manageable debts. New borrowers must now be able to pay back their mortgage if interest rates rise 3 percentage points.

Tighter restrictions and a wave of new listings post-lockdown has had an immediate effect on Sydney’s median auction price for houses, which fell 3.6 per cent in November. On average, at auction TBAS® Buyers Agents are only competing against 2-3 buyers, compared to around 10 buyers several months.

Rental prices are expected to rise next year with vacancies at their lowest level in years, combined with international students and migrants returning to Australia, we will see more investors buying inner city apartments next 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.

We recently achieved outstanding results in Pymble, Paddington, Newtown, Darling Point, Wahroonga and Mosman.

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

Auction Results Sydney 11 December 2021

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

14/165 Victoria Road, Bellevue Hill - SOLD $1,085,000

8.5% Over agents price guide - Price Per Square Meter: $15,281

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 71m2

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

Bidders: 2 - Bids: 7 - Last Sold: 17 Mar 2016 for $825,000

1/3-5 Hastings Parade, Bondi Beach - SOLD $985,000

9.44% Over agents price guide - Price Per Square Meter: $15,153

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 65m2

Price Guide: $900,000 - Opening bid: $820,000

Bidders: 3 - Bids: 19 - Last Sold: 22 May 2021 for $820,000

12/92 Mount Street, Coogee - SOLD $1,225,000

11.36% Over agents price guide - Price Per Square Meter: $18,560

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 66m2

Price Guide: $1,100,000 - Opening bid: $1,050,000

Bidders: 2 - Bids: Circa 45 - Last Sold: 21 Dec 1989 for $160,000

6/125 Mount Street, Coogee - SOLD $1,260,000

9.56% Over agents price guide - Price Per Square Meter: $15,356

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 82m2

Price Guide: $1,150,000 - Opening bid: $1,200,000

Bidders: 2 - Bids: 23 - Last Sold: 24 May 2017 for $1,122,000

18/133-137 Burns Bay Road, Lane Cove - SOLD $1,170,000

37.64% Over agents price guide - Price Per Square Meter: $11,938

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 98m2

Price Guide: $850,000 - Opening bid: $955,000

Bidders: 4 - Bids: #Ciraa 30 - Last Sold: 18 Nov 2017 for $917,000

4/46-48 Hastings Parade, North Bondi - SOLD $2,412,000

% Over agents price guide - Price Per Square Meter: $17,605

Unit - Beds: 2 - Bath: 2 - Parking: 0 - Unit size: 139m2

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

Bidders: 6 - Bids: 23 - Last Sold: 9 Mar 2007 for $690,000

8 Murray Street, St Marys - PURCHASED OFF-MARKET $860,000

% Over agents price guide - Price Per Square Meter: $1,031

House - Beds: 3 - Bath: 1 - Parking: 5 - Land size: 834m2

Price Guide: $# - Opening bid: $#

Bidders: # - Bids: # - Last Sold: 14 Nov 1997 for $146,0000

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