Auction Results Sydney 2 October 2021
Auction Results Sydney
Comment: Auction Results Sydney
The pace of monthly price growth in Sydney continued to slow, with property values rising 1.9 per cent in September. 5.7% for the quarter and 23.6% annually. This is the fastest annual growth in 30 years.
The continued price rises come as financial regulators consider introducing tougher lending standards to curb the growing level of debt. Treasurer Josh Frydenberg has given the green light for them to clamp down on high debt-to-income-ratio loans.
Regulators could introduce a higher serviceability assessment rate – used to assess people’s ability to repay loans if interest rates rise – or limit the proportion of loans that can be issued with a debt-to-income ratio of six or more.
Good news for Property Buyers: The number of homes hitting the market lifted in September – up 15.7 per cent since the recent low point in mid-August.
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 Randwick, Paddington, Sandringham, Darling Point, Bellevue Hill, Oatley 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