Auction Results Sydney 19 June 2021
Auction Results Sydney
Comment: Auction Results Sydney
The Reserve Bank has said it is focused on keeping interest rates low to drive down unemployment and the Australian Bureau of Statistics data shows the average new loan has reached a record $635,300 in NSW.
AMP Capital chief economist Shane Oliver said the rate of house price growth had likely peaked. However, values would still rise, albeit at a slower rate, because lower interest rates and government incentives were still pushing up prices.
OECD said Australian house prices had experienced the fourth largest increase in after-inflation prices across the OECD, up by 120 per cent between 2000 and 2020. It also noted house prices are being pushed up by a lack of supply and restrictive land use laws.
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 Darling Point, Croydon, Bellevue Hill, Riverwood, Bowral, Maroubra and Caringbah South.
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