Auction Results Sydney 17 August 2019 - TBAS® Buyers Agents
Auction Results Sydney 17 August 2019.
Clearance Rate: 77.77% - Sold: 7 - Passed In: 2 - Withdrawn: 0 - Auctions: 9
April 2019 Auction Statistics
Average No. Bidders: 2.01 Average No. Bids: 15.44 Average % Over Agents Price Guide: 10.9% Clearance Rate: 52.33% Auctions: 38
May 2019 Auction Statistics
Average No. Bidders: 2.22 Average No. Bids: 14.66 Average % Over Agents Price Guide: 8% Clearance Rate: 67.66% Auctions: 19
June 2019 Auction Statistics
Average No. Bidders: 2.72 Average No. Bids: 15.95 Average % Over Agents Price Guide: 8.59% Clearance Rate: 67.8% Auctions: 57
July 2019 Auction Statistics
Average No. Bidders: 2.69 Average No. Bids: 12.46 Average % Over Agents Price Guide: 8.32% Clearance Rate: 68.32% Auctions: 26
70 Coonong Rd Gymea Bay - SOLD Price Withheld
6.6% Over the price guide
House - Beds: 4 - Bath: 2 - Parking: 7 - Land size: 853m2
Price Guide: $1,500,000 - Opening bid: $1,300,000
Bidders: 2 - Bids: 11 - Last Sold: 25 May 1999 $361,500
Notes: Great result for a client of TBAS® Buyers Agents, securing the property at auction on their behalf, well under the clients budget.
https://www.realestate.com.au/property-house-nsw-gymea+bay-131625150
TBAS® Property News
Auction Clearence Rate - NSW: 78% | Victoria: 78%
Sydney Auctions: Improved Market Sentiment behind Recovery
Losses are mounting for sellers in Sydney's high rise building

180 Underwood St Paddington - SOLD $1,680,000
12% Over price guide
Terrace - Beds: 2 - Bath: 2 - Parking: 0 - Land size: 79m2
Price Guide: $1,500,000 - Opening bid: $1,500,000 (sellers bid)
Bidders: 4 - Bids: 12 - Last Sold: 7 Oct 2004 $800,000
Notes: The auction was kick started with a sellers bid, then spirited bidding between the 4 active bidders, selling well over the price guide
https://www.realestate.com.au/property-house-nsw-paddington-131586058

12/18-20 Wellington St Bondi - SOLD $1,320,000
5.6% Over price guide
Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 115m2
Price Guide: $1,250,000 - Opening bid: $1,250,000 (sellers bid)
Bidders: 2 - Bids: 6 - Last Sold: Unavailable
Notes: The auction needed a kick start from the auctioneer with a sellers bid, then after a handful of bids the property sold slightly over the price guide
https://www.realestate.com.au/property-apartment-nsw-bondi-131586462

5/5 Richmond Rd Rose Bay - SOLD $803,000
14.71% Over price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 60m2
Price Guide: $700,000 - Opening bid: $700,000
Bidders: 3 - Bids: 13 - Last Sold: Not available
Notes: Strong bidding between the 3 active bidders, selling well over the price guide
https://www.realestate.com.au/property-apartment-nsw-rose+bay-131557646

58 O'Donnell St North Bondi - SOLD $2,180,000
9% Over price guide
Semi - Beds: 2 - Bath: 2 - Parking: 0 - Land size: 297m2
Price Guide: $2,000,000 - Opening bid: $1,900,000
Bidders: 3 - Bids: 22 - Last Sold: 5 Mar 2004 $1,065,000
Notes: Positive start to the auction from the start with the 3 punters bidding without hesitation, selling for a bullish price.
https://www.realestate.com.au/property-house-nsw-north+bondi-131590602

44 Aboud Ave Kingsford - PASSED IN $1,650,000
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 453m2
Price Guide: $1,700,000 - Opening bid: $1,600,000
Bidders: 1 - Bids: 2 - Last Sold: 23 Jul 1992 $310,500
Notes: Disappointing auction with only 1 active bidder making a solo bid. The auctioneer passed the property in on the sellers bid of $1,650,000
https://www.realestate.com.au/property-house-nsw-kingsford-131581758

84 Robey St Maroubra - SOLD $1,880,000
1.62% Over price guide
Semi - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 216m2
Price Guide: $1,850,000 - Opening bid: $1,750,000
Bidders: 1 - Bids: 6 - Last Sold: 18 Jun 2018 $1,403,000
Notes: Despite only 1 active bidder, there was 6 bids from the same person. Nonetheless, the property was sold. Good result for both the vendor & the buyer.
https://www.realestate.com.au/property-house-nsw-maroubra-131591526

25 Sparks St Mascot - PASSED IN $820,000
House - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 120m2
Price Guide: $870,000 - Opening bid: $820,000
Bidders: 0 - Bids: 1 - Last Sold: 3 Jun 2003 $405,000
Notes: Despite multiple registered bidders, no punter was willing to put the paddle up. The property was passed in on the sellers bid of $820,000
https://www.realestate.com.au/property-house-nsw-mascot-131605438

7/49 Gilderthorpe Ave Randwick - SOLD $908,000
0.88% Over price guide
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 64m2
Price Guide: $900,000 - Opening bid: $850,000
Bidders: 2 - Bids: 21 - Last Sold: 7 Jun 2013 $702,500
Notes: The 2 active bidders marginally pushed the bidding over the price guide, selling for $908,000
https://www.realestate.com.au/property-apartment-nsw-randwick-131557526
Weekly Auction Reports & Data
Recent Media for TBAS®
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
Need Help Buying Property?
Contact Rodney McLoughlin – Director
TBAS® Buyers Agents
rodney@tbas.live – 0418 474 304
Subscribe to TBAS® Auction Reports
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.