Auction Results Sydney 16 May 2020
Auction Results Sydney
Comment: Property Values
Auction Results Sydney
- Will job losses affect house prices? Economist Cameron Murray points out that unemployment is not helpful in predicting price movements. "The last time we had similar unemployment numbers, Sydney house prices increased 13 per cent the next year," Murray said.
- Don't dismiss the possibility of a sharp boost in house prices with foreign buyers coming back into the market late this year or early next year.
- Long term property growth in the right location is key to building equity. Buying in country towns or regions because they are cheap with poor economics will have limited growth potential.
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 have resumed Onsite. If you are planning on bidding , it is important you have a proven auction strategy and get professional advise.
TBAS® Buyers Agents are continuing to inspect, bid at auction Online and Onsite to purchase properties for their clients. For more details contact us.
Auction Results Sydney 16 May 2020.
Clearance Rate: 40% - Sold:2 - Passed In:3 - Withdrawn:0 - Auctions:5
20 Keats St Carlingford - PASSED IN $1,320,000
10% Over agents price guide
House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 739m2
Price Guide: Circa $1,200,000 - Opening bid: $1,100,000
Bidders: 3 - Bids: 10 - Last Sold: 17 Feb 2011 $795,000
5 & 7 Forsyth St Kingsford - SOLD $4,350,000
45% Over agents price guide
House - Beds: 4 - Bath: 4 - Parking: 0 - Land size: 682m2
Price Guide: $3,000,000 - Opening bid: $2,800,000
Bidders: circa 5 - Bids: 110 - Last Sold: Not available
23 Victoria Rd Middle Cove - SOLD $2,283,000
14.14% Over agents price guide
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 745m2
Price Guide: $2,000,000 - Opening bid: $1,900,000 (Vendors bid)
Bidders: 2 - Bids: 43 - Last Sold: 23 Sep 2010 $1,255,000
95 Garnet Rd Miranda - PASSED IN $1,260,000
14.54% Over agents price guide
House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 651m2
Price Guide: $1,100,000 - Opening bid: $1,000,000
Bidders: 5 - Bids: 23 - Last Sold: 11 Mar 2016 $1,150,000
68 Moruben Rd Mosman - PASSED IN $7,290,000
% Over agents price guide
House - Beds: 5 - Bath: 4 - Parking: 2 - Land size: 847m2
Price Guide: Circa$7,500,000 - Opening bid: $7,200,000
Bidders: 2 - Bids: 4 - Last Sold: 7 Mar 2012 $5,460,000
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
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.