Auction Results Sydney 14 August 2021
Auction Results Sydney
Comment: Auction Results Sydney
The Reserve Bank is still claiming interest rates will remain on life support settings until 2024 and unemployment is at a cyclical low. In all likelihood, property prices hasn’t peaked.
If you are considering getting into the market, you might buy just before prices dip, but more than likely you probably won’t. When property prices dip, they rarely fall that much. They’re not like stock markets. And they usually recover within a year or two. It’s still a great time to buy property in Sydney or the Southern Highlands.
Anyone living in Australia probably feels like local home prices have shot up at shocking rates, but the increases have been mild when compared to Montreal, Los Angeles, Auckland and Toronto, where prices have soared by at least 30 per cent since the start of 2020
PRD Real Estate chief economist Diaswati Dr Mardiasmo said a drop in the number of homes on the market due to the latest lockdowns had only increased competition on properties, as buyer demand remained strong. She added the market was also drawing international interest, as Australia was seen as a safer place for investment due to its handling of the pandemic.
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 Sandringham, Darling Point, Kangaroo Valley, Bellevue Hill, Lakemba, Bowral and Kellyville Ridge.
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
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:89% | Victoria:92%
- Home prices boom in three-quarters of top global cities during the pandemic: Juwai IQI report
- Save, sacrifice, prioritise: how to get on the property ladder
- Australia’s property market tipped to reach $9 trillion later this year: CoreLogic
- Sydney’s auction clearance rate for July at highest level in years, despite lockdown
- Investors look beyond city limits for post-COVID opportunities
- Why investors are turning to the booming house-and-land market
- Knight Frank reports record commercial property sales in NSW over June quarter
Auction Results Sydney 14 August 2021
CLEARANCE RATE: 100% - SOLD: 9 - PASSED IN: 0 - AUCTIONS: 9
7 Castlefield Street, Bondi - SOLD $3,455,000
% Over agents price guide - Price Per Square Meter: $13,987
Semi - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 247m2
Price Guide: $? - Opening bid: $2,900,000
Bidders: 3 - Bids: 35 - Last Sold: 10 Mar 2017 for $1,900,000
35/53 Ocean Avenue, Double Bay - SOLD $920,000
18.42% Over agents price guide - Price Per Square Meter: $16,140
Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 57m2
Price Guide: $780,000 - Opening bid: $800,000
Bidders: 2 - Bids: 15 - Last Sold: Not available
70 Siandra Drive, Kareela - SOLD $1,990,000
% Over agents price guide - Price Per Square Meter: $3,472
House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 573m2
Price Guide: $? - Opening bid: $1,450,000
Bidders: 12 - Bids: 51 - Last Sold: 15 Dec 2007 for $740,000
8 Lancaster Crescent, Kingsford - SOLD $3,282,500
?% Over agents price guide - Price Per Square Meter: $9,542
House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 344m2
Price Guide: $? - Opening bid: $2,900,000
Bidders: 4 - Bids: 13 - Last Sold: 4 Jun 2015 for$2,275,000
14 Bedford Road, North Epping - Purchased pre-auction $2,067,569
21.62% Over agents price guide - Price Per Square Meter: $1,857
House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 1113m2
Price Guide: $1,700,000 - Opening bid: $#
Bidders: # - Bids: # - Last Sold: 12 Jul 2002 for $600,000
23 Renny Street, Paddington - SOLD $2,611,000
18.68% Over agents price guide - Price Per Square Meter: $37,300
Terrace - Beds: 3 - Bath: 2 - Parking: 0 - Land size: 70m2
Price Guide: $2,200,000 - Opening bid: $2,415,000
Bidders: 6 - Bids: Circa 40 - Last Sold: 10 Jun 2016 for $1,850,100
9 Highlands Way, Rouse Hill - SOLD $1,691,000
12.73% Over agents price guide - Price Per Square Meter: $2,415
House - Beds: 5 - Bath: 3 - Parking: 3 - Land size: 700m2
Price Guide: $1,500,000 - Opening bid: $1,400,000
Bidders: 12 - Bids: circa 50 - Last Sold: 12 Jun 2001 for $217,500
3/12 Russell Street, Strathfield- SOLD $695,000
2.2% Over agents price guide - Price Per Square Meter: $7,640
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 89m2
Price Guide: $680,000 - Opening bid: $675,000
Bidders: 1 - Bids: 3 - Last Sold: 13 Jan 2019 for $695,000
14/8 Wentworth Street, Point Piper - SOLD $7,800,000
30% Over agents price guide - Price Per Square Meter: $42,622
Unit - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 183m2
Price Guide: $6,000,000 - Opening bid: $5,500,000
Bidders: 4 - Bids: 27 - Last Sold: 9 Nov 1990 $1,250,000

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