Auction Results Sydney 5 June 2021
Auction Results Sydney
Comment: Auction Results Sydney
Sydney house prices jumped another 3.5 per cent last month (up $40,000 in May) to be 11 per cent up over the quarter and the top quartile is up by 12 per cent. 4o experts and economists surveyed, revealed the average house price could rise by 21 per cent in Sydney in 2021.
This increase would be the highest annual increase for the Sydney property market in recent history, beating the previous record of a 15 per cent rise in 2013.
The imbalance between demand and supply is continuing to create urgency amongst buyers, with properties up for sale about 24 per cent below its long-term average. However, it is expected it to slow eventually because you can’t expect such vigorous price gains without people’s ability to service loans.
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, Bellevue Hill, Botany, Bowral, Maroubra, Avalon Beach 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
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:86% | Victoria:94%
- Australian house prices to rise by 15 per cent this year but slow in 2022
- House prices reach yet another record level due to ‘perfect storm’ of low interest rates, improving economy
- ‘Release the hounds!’: Buying a house in Sydney is a game of ruthless psychological warfare
- Sydney property boom: median house price approaches $1.2m after $40k rise in one month
- The number of properties for sale falls in May: SQM Research
- List ItemHousing investors to pick up slack as first home buyers retreat: AFG
- Rental vacancy rates at lowest level in years, but still high in some pockets
- Rapid property growth has seen house prices double in record time
Auction Results Sydney 5 June 2021
CLEARANCE RATE:80% - SOLD:4 - PASSED IN:1 - AUCTIONS:5
5/57 New Beach Road, Darling Point - SOLD $7,300,000
62.22% Over agents price guide - Price Per Square Meter: $24,333
Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 300m2 int. & ext.
Price Guide: $4,500,000 - Opening bid: $5,100,000
Bidders: 3 - Bids: 21 - Last Sold: Not available
G03/17 Wetherill Street, Croydon - SOLD $915,000
10.90% Over agents price guide - Price Per Square Meter: $5,000
Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 183m2 int. & ext.
Price Guide: $825,000 - Opening bid: $875,000
Bidders: 2 - Bids: 9 - Last Sold: Not available
41 Paten Street, Revesby- SOLD $1,300,000
18.18% Over agents price guide - Price Per Square Meter: $1,740
House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 747m2
Price Guide: $1,100,000 - Opening bid: $1,100,000
Bidders: 4 - Bids: 16 - Last Sold: 2 Dec 2009 for $600,000
11 Lily Avenue, Riverwood - SOLD $1,180,000
31.11% Over agents price guide - Price Per Square Meter: $2,122
House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 556m2
Price Guide: $900,000 - Opening bid: $985,000
Bidders: 4 - Bids: Circa29 - Last Sold: 7 Jul 2015 for $952,000
3/66 Shirley Road, Wollstonecraft - PASSED IN $?
% Over agents price guide - Price Per Square Meter: $
Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 101m2
Price Guide: $1,100,000 - Opening bid: $?
Bidders: ? - Bids: ? - Last Sold: Not available

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- TBAS® Buyers Agents
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