Auction Results Sydney 11 September 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney’s COVID lockdown has created the worst housing shortage in a generation, putting added pressure on prices. Freestanding house supply is less than half pre-pandemic levels. Buyers significantly outnumber sellers, with a lot of sellers preferring to buy before they sell, due to fear of been priced out of the market.
The lowest supply of listings were coastal enclaves, while the areas with an abundance of available houses were new suburbs on the city fringes, such as Box Hill and Oran Park.
Sydney’s median auction house price has soared to a record $1.92 million, up an astounding 32.3 per cent over the year and 11.8 per cent in just one month.
Finance to first-time homebuyers fell 7.6 per cent in July. Cashed-up investors are pushing aside first-home buyers as property prices continue to rise.
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 Paddington, Sandringham, Darling Point, Kangaroo Valley, Bellevue Hill, Narromine and Bowral.
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