Auction Results Sydney 16 October 2021

Auction Results Sydney 16 October 2021

Auction Results Sydney 16 October 2021

Auction Results Sydney

Comment: Auction Results Sydney

The bank expects property prices to climb 22 per cent this year, up from a forecast of 18 per cent, and has also lifted its outlook for next year from 5 to 8 per cent.

APRA told banks this week that they needed to lift the “servicing floor” interest rate that they use to assess borrowers.

APRA has now lifted that servicing floor rate to 3 per cent. Banks will need to test home buyers at 5.5 per cent and investors at 6.5 per cent.

APRA pointed out they had plenty of options. And they deliberately chose an option that would have a bigger impact on investors over homebuyers. Investors have been targeted.

The maximum you’ll be able to borrow has dropped by about 5 per cent and we have noticed several properties been past in this week with no bids that otherwise would have sold at record prices. It appears the tide has turned in favour of the buyers…

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 proper

Auction Results Sydney 16 October 2021

CLEARANCE RATE: 71.42% - SOLD: 5 - PASSED IN: 2 - AUCTIONS: 7

2/80 Birriga Road, Bellevue Hill - SOLD $1,500,000

30.43% Over agents price guide - Price Per Square Meter: $16,304

Unit - Beds: 3 - Bath: 1 - Parking: 1 - Unit size: 92m2

Price Guide: $1,150,000 - Opening bid: $1,305,000

Bidders: 5 - Bids: Circa 20 - Last Sold: 25 Mar 2015 for $1,010,000

31 Edward Street, Bondi Beach - PASSED IN $4,800,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $18,390

House - Beds: 6 - Bath: 3 - Parking: 1 - Land size: 261m2

Price Guide: $4,500,000 - Opening bid: $4,800,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 20 Nov 1996 for $450,000

54 Denistone Road, Denistone - SOLD $2,056,000

30.53% Over agents price guide - Price Per Square Meter: $4,748

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 443m2

Price Guide: $1,575,000 - Opening bid: $

Bidders: 5 - Bids: Circa 20 - Last Sold: 9 Nov 2012 for $760,000

35/37-39 O'Donnell Street, North Bondi - PASSED IN $1,200,000 (Vendors bid)

% Over agents price guide - Price Per Square Meter: $17,142

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 70m2

Price Guide: $1,200,000 - Opening bid: $1,200,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 22 Jun 1994 for $206,000

1 Llanfoyst Street, Randwick - SOLD $3,530,000

% Over agents price guide - Price Per Square Meter: $9,887

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 357m2

Price Guide: $? - Opening bid: $3,000,000

Bidders: 3 - Bids: 24 - Last Sold: 22 Aug 1996 for $495,000

54 Lilyfield Road, Rozelle - SOLD $2,060,000

24.84% Over agents price guide - Price Per Square Meter: $14,820

House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 139m2

Price Guide: $1,650,000 - Opening bid: $1,750,000

Bidders: 3 - Bids: 28 - Last Sold: 15 Nov 1996 for $240,000

209 Desborough Road, St Marys - SOLD $838,000

18.02% Over agents price guide - Price Per Square Meter: $1,275

House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 657m2

Price Guide: $710,000 - Opening bid: $700,000

Bidders: 14 - Bids: 53 - Last Sold: 2 Jul 2016 for $562,000

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Auction Results Sydney 9 October 2021

Auction Results Sydney 9 October 2021

Auction Results Sydney 9 October 2021

Auction Results Sydney

Comment: Auction Results Sydney

Sydney’s median auction house price is now $2 million, up by more than 30 per cent in the space of a year. Australia’s residential housing stock has gained $1 trillion in value in just five months.

APRA this week announced a tightening of bank lending standards due to the surge in house prices.

Banks must test whether new customers could manage their repayments at an interest rate 3 percentage points higher than the actual rate on the loan. Until now, banks have added 2.5 percentage points – known as a “serviceability buffer” – onto the rate of the loan when assessing a customer.

APRA said it believed its actions would reduce new customers’ borrowing capacity by about 5 per cent, reducing the amount of money buyers can pay for properties. Ultimately, handicapping the buyers and reducing the vendors profits.

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

Auction Results Sydney 9 October 2021

CLEARANCE RATE: 100% - SOLD: 8 - PASSED IN: 0 - AUCTIONS: 8

12/86 - 88 Wellington Street, Bondi Beach - SOLD $1,360,000

?% Over agents price guide - Price Per Square Meter: $?

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: ?m2

Price Guide: $? - Opening bid: $900,000

Bidders: 6 - Bids: 31 - Last Sold: 11 Feb 2005 for $500,000

66 Anzac Avenue, Collaroy - SOLD $4,415,000

% Over agents price guide - Price Per Square Meter: $7,651

House - Beds: 5 - Bath: 3 - Parking: 3 - Land size: 577m2

Price Guide: $? - Opening bid: $3,900,000

Bidders: 2 - Bids: 15 - Last Sold: First time offered

6/347 Edgecliff Road, Edgecliff - SOLD $1,214,500

10.40% Over agents price guide - Price Per Square Meter: $15,570

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 78m2

Price Guide: $1,100,000 - Opening bid: $1,000,000

Bidders: 2 - Bids: 16 - Last Sold: 26 Jun 2014 for $789,000

2D/20-22 Onslow Avenue, Elizabeth Bay - PASSED IN $1,610,000 - Sold Post auction

7.33% Over agents price guide - Price Per Square Meter: $16,947

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 95m2

Price Guide: $1,500,000 - Opening bid: $1,500,000

Bidders: 2 - Bids: 4 - Last Sold: 8 Apr 1988 for $200,000

438 Avoca Street, Kingsford - SOLD $2,010,500

11.69% Over agents price guide - Price Per Square Meter: $7,558

House - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 266m2

Price Guide: $1,800,000 - Opening bid: $1,750,000

Bidders: 4 - Bids: 37 - Last Sold: 7 Dec 1998 for $382,000

9 Woomera Road, Little Bay - SOLD $2,746,000

% Over agents price guide - Price Per Square Meter: $4,494

House - Beds: 4 - Bath: 2 - Parking: 3 - Land size: 611m2

Price Guide: $? - Opening bid: $2,300,000

Bidders: 4 - Bids: 25 - Last Sold: 15 May 1997 for $387,000

1/124 Carrington Road, Randwick - SOLD $760,000

8.57% Over agents price guide - Price Per Square Meter: $15,200

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 50m2

Price Guide: $700,000 - Opening bid: $690,000

Bidders: 2 - Bids: 8 - Last Sold: 25 Nov 2003 for $250,000

10 Moore St, Roseville - SOLD $3,360,000

% Over agents price guide - Price Per Square Meter: $5,037

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 667m2

Price Guide: $? - Opening bid: $2,800,000

Bidders: 7 - Bids: 58 - Last Sold: First time offered

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Auction Results Sydney 2 October 2021

Auction Results Sydney 2 October 2021

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

Auction Results Sydney 2 October 2021

CLEARANCE RATE: 100% - SOLD: 7 - PASSED IN: 0 - AUCTIONS: 7

6/62 O'Donnell Street, North Bondi, - SOLD $1,615,000

% Over agents price guide - Price Per Square Meter: $20,705

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 78m2

Price Guide: $? - Opening bid: $1,250,000

Bidders: 8 - Bids: 92 - Last Sold: 19 Sep 2009 for $552,500

9/13 Springfield Avenue, Potts Point - SOLD $1,450,000

% Over agents price guide - Price Per Square Meter: $17,901

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 81m2

Price Guide: $? - Opening bid: $1,300,000

Bidders: 2 - Bids: 18 - Last Sold: 28 Feb 2017 for $1,285,000

7/3 Plumer Road, Rose Bay, - SOLD $1,430,500

19.20% Over agents price guide - Price Per Square Meter: $20,435

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 70m2

Price Guide: $1,200,000 - Opening bid: $1,150,000

Bidders: 6 - Bids: 25 - Last Sold: 17 Aug 2005 for $670,000

11 Norman Street, Rozelle - SOLD $2,665,000

21.13% Over agents price guide - Price Per Square Meter: $14.562

House - Beds: 3 - Bath: 2 - Parking: 1 - Land size: 183m2

Price Guide: $2,200,000 - Opening bid: $2,216,000

Bidders: 4 - Bids: 37 - Last Sold: 18 Nov 1998 for $206,0000

29 Smith Street, Ryde - SOLD $2,651,000

10.45% Over agents price guide - Price Per Square Meter: $3,819

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 694m2

Price Guide: $2,400,000 - Opening bid: $2,400,500

Bidders: 3 - Bids: 26 - Last Sold: 10 Jul 1992 for $228,000

5/7 Wonderland Avenue, Tamarama - SOLD $2,068,500

14.91% Over agents price guide - Price Per Square Meter: $30,419

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 68m2

Price Guide: $1,800,000 - Opening bid: $1,800,000

Bidders: 2 - Bids: 15 - Last Sold: Not available

5/153 New South Head Road, Vaucluse - SOLD $3,998,500

% Over agents price guide - Price Per Square Meter: $13,600

Unit - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 294m2

Price Guide: $? - Opening bid: $2,800,000

Bidders: 6 - Bids: 134 - Last Sold: Not available

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Auction Results Sydney 25 September 2021

Auction Results Sydney 25 September 2021

Auction Results Sydney 25 September 2021

Auction Results Sydney

Comment: Auction Results Sydney

Will Australian regulators step in to take the heat out of the property sector?

Some analysts have suggested the Australian regulators might lift the cash rate to cool the property market,” Governor Philip Lowe observed last week, however he said “I want to be clear that this is not on our agenda.”

Because the central bank is entirely preoccupied with another goal, namely driving Australia’s jobless rate so low to reach effective “full employment”. Noting, there is no point in having cheaper homes if lots of people don’t have a job to service a mortgage.

Commonwealth Bank head of Australian economics Gareth Aird said as long as interest rates remained this low, property prices would keep rising, despite the large negative shock the economy is going through.

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

Auction Results Sydney 25 September 2021

CLEARANCE RATE: 100% - SOLD: 7 - PASSED IN: 0 - AUCTIONS: 7

19 Sunnyridge Place, Bayview - SOLD $3,725,000

20.16% Over agents price guide - Price Per Square Meter: $4,271

House - Beds: 5 - Bath: 3 - Parking: 2 - Land size: 872m2

Price Guide: $3,100,000 - Opening bid: $3,225,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 29 Aug 1991 for $377,000

1/223-227 O'Sullivan Road, Bellevue Hill - SOLD $5,150,000

% Over agents price guide - Price Per Square Meter: $9,735

Unit - Beds: 3 - Bath: 2 - Parking: 3 - Unit size: 529m2

Price Guide: $? - Opening bid: $3,700,000

Bidders: 2 - Bids: 15 - Last Sold: 20 Apr 2012 for $2,560,0000

9 Castlefield Street, Bondi - SOLD $6,050,000

% Over agents price guide - Price Per Square Meter: $12,075

House - Beds: 4 - Bath: 1 - Parking: 4 - Land size: 501m2

Price Guide: $? - Opening bid: $5,750,000

Bidders: 2 - Bids: 11 - Last Sold: 10 Mar 2017 for $3,000,000

4/22 Milson Road, Cremorne Point - SOLD $2,721,500

23.70% Over agents price guide - Price Per Square Meter: $19,864

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 137m2

Price Guide: $2,200,000 - Opening bid: $

Bidders: 3 - Bids: 176 - Last Sold: 13 Mar 1987 for $210,000

8/21 Guilfoyle Avenue, Double Bay - SOLD $1,575,000

18.33% Over agents price guide - Price Per Square Meter: $22,183

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 71m2

Price Guide: $1,500,000 - Opening bid: $1,300,000

Bidders: 3 - Bids: 14 - Last Sold: 4 Nov 2009 for $644,000

35 Bowman Street, Drummoyne - SOLD $2,030,000

% Over agents price guide - Price Per Square Meter: $8,576

House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 234m2

Price Guide: $? - Opening bid: $1,750,000

Bidders: 4 - Bids: 17 - Last Sold: 12 Jan 1979 for $35,000

33-35 Darley Street, Newtown - SOLD $3,102,000

% Over agents price guide - Price Per Square Meter: $8,184

House - Beds: 4 - Bath: 1 - Parking: 2 - Land size: 379m2

Price Guide: $? - Opening bid: $2,700,000

Bidders: 2 - Bids: 33 - Last Sold: Not available

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Auction Results Sydney 18 September 2021

Auction Results Sydney 18 September 2021

Auction Results Sydney 18 September 2021

Auction Results Sydney

Comment: Auction Results Sydney

Australia recorded its highest rate of annual price growth in decades and is one of the fastest growing in the world, ranked seventh out of 55 countries according Knight Frank’s Global House Price Index.

The key driver for the significant growth was incredibly low interest-rate and more buyers than there were homes.

Sellers are reluctant to put their house on the, with limited supply available to buy in the areas to which they want to move, so it has become a vicious circle.

The federal government has begun an inquiry into housing affordability and supply, however in the short term, there really isn’t anything anyone can do to rebalance demand and supply other than restricting available credit.

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

Auction Results Sydney 18 September 2021

CLEARANCE RATE: 100% - SOLD: 11 - PASSED IN: 0 - AUCTIONS: 11

112/85 Reynolds Street, Balmain - SOLD $1,080,000

% Over agents price guide - Price Per Square Meter: $13,846

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 78m2

Price Guide: $? - Opening bid: $920,000

Bidders: 2 - Bids: 10 - Last Sold: 9 Nov 2001 for $480,000

55/6-14 Darley Street, Darlinghurst - SOLD $716,000

10.15% Over agents price guide - Price Per Square Meter: $19,351

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 37m2

Price Guide: $650,000 - Opening bid: $650,000

Bidders: 3 - Bids: 5 - Last Sold: 10 Dec 2016 for $620,000

63 Barcom Avenue, Darlinghurst - SOLD $3,850,000

10% Over agents price guide - Price Per Square Meter: $21,751

Terrace - Beds: 3 - Bath: 3 - Parking: 1 - Land size: 177m2

Price Guide: $3,500,000 - Opening bid: $3,400,000

Bidders: 3 - Bids: 8 - Last Sold: 29 Jul 2008 for $590,000

7A/5-11 Thornton Street, Darling Point - SOLD $7,000,000

% Over agents price guide - Price Per Square Meter: $38,888

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 180m2

Price Guide: $? - Opening bid: $5,000,000

Bidders: 5 - Bids: 32 - Last Sold: 14 Jan 2000 for $1,675,000

36-40 Station Street East, Harris Park - SOLD $3,450,000

15% Over agents price guide - Price Per Square Meter: $4,312

Terraces x 3 - Beds: 15 - Bath: 6 - Parking: 4 - Land size: 800m2

Price Guide: $3,000,000 - Opening bid: $2,500,000

Bidders: 5 - Bids: 226 (Record auction time of 2 hours) - Last Sold: Not available

4 Meldrum Avenue, Miranda - SOLD $1,605,000

% Over agents price guide - Price Per Square Meter: $2,729

House - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 588m2

Price Guide: $? - Opening bid: $1,200,000

Bidders: 6 - Bids: 21 - Last Sold: Not available

3/23 Ada Street, Oatley - SOLD $1,510,000

25.83% Over agents price guide - Price Per Square Meter: $11,889

Villa - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 127m2

Price Guide: $1,200,000 - Opening bid: $1,225,000

Bidders: 3 - Bids: Circa 18 - Last Sold: 12 Sep 2001 for $475,000

24 Napoleon Street, Rosebery - SOLD $2,265,000

13.25% Over agents price guide - Price Per Square Meter: $8,678

Semi - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 261m2

Price Guide: $2,000,000 - Opening bid: $2,125,000

Bidders: 4 - Bids: Circa 30 - Last Sold: 6 Mar 2015 for $1,626,600

131 Hargrave Street, Paddington - SOLD $4,350,000

8.75% Over agents price guide - Price Per Square Meter: $26,524

Terrace - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 164m2

Price Guide: $4,000,000 - Opening bid: $3,900,000

Bidders: 3 - Bids: 7 - Last Sold: 27 Oct 2020 for $4,000,000

100 New South Head Road, Vaucluse - SOLD $9,050,000

25.62% Over agents price guide - Price Per Square Meter: $13,507

House - Beds: 6 - Bath: 3 - Parking: 4 - Land size: 670m2

Price Guide: $8,000,000 - Opening bid: $7,000,000

Bidders: 3 - Bids: 34 - Last Sold: Not available

3 Coral Heath Avenue, Westleigh - SOLD $1,870,000

16.87% Over agents price guide - Price Per Square Meter: $2,690

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 695m2

Price Guide: $1,600,000 - Opening bid: $1,675,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 8 Jun 1994 for $260,000

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Auction Results Sydney 11 September 2021

Buyers Agent Eastern Suburbs

Auction Results Sydney 11 September 2021

Auction Results Sydney

Comment: Auction Results Sydney

Sydney’s COVID lockdown has created the worst housing shortage in a generation, putting added pressure on prices. Freestanding house supply is less than half pre-pandemic levels. Buyers significantly outnumber sellers, with a lot of sellers preferring to buy before they sell, due to fear of been priced out of the market.

The lowest supply of listings were coastal enclaves, while the areas with an abundance of available houses were new suburbs on the city fringes, such as Box Hill and Oran Park.

Sydney’s median auction house price has soared to a record $1.92 million, up an astounding 32.3 per cent over the year and 11.8 per cent in just one month.

Finance to first-time homebuyers fell 7.6 per cent in July. Cashed-up investors are pushing aside first-home buyers as property prices continue to rise.

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 Paddington, Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Narromine 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

Auction Results Sydney 11 September 2021

CLEARANCE RATE: 83.33% - SOLD: 5 - PASSED IN: 1 - AUCTIONS: 6

6/16 Mount Street, Coogee - SOLD $790,000

1.93% Over agents price guide - Price Per Square Meter: $17,555

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 45m2

Price Guide: $775,000 - Opening bid: $750,000

Bidders: 2 - Bids: 5 - Last Sold: 9 Aug 2013 for $490,0000

26 Flood Street, Leichhardt - SOLD $2,051,000

13.94% Over agents price guide - Price Per Square Meter: $9,674

House - Beds: 3 - Bath: 2 - Parking: 3 - Land size: 212m2

Price Guide: $1,800,000 - Opening bid: $1,800,000

Bidders: 3 - Bids: 11 - Last Sold: 15 Apr 1992 for $175,100

47 Bedford Street, Newtown - PASSED IN $1,455,000

11.92% Over agents price guide - Price Per Square Meter: $12,763

House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 114m2

Price Guide: $1,300,000 - Opening bid: $1,300,000

Bidders: 3 - Bids: 13 - Last Sold: 16 Apr 2018 for $1,262,0000

4205/88-98 King Street, Randwick - Sold Post-Auction $1,010,000

% Over agents price guide - Price Per Square Meter: $12,784

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 79m2

Price Guide: $? - Opening bid: $945,000

Bidders: 2 - Bids: 7 - Last Sold: 10 Aug 2021 for $1,010,000

4/70 St Marks Road, Randwick - Purchased Pre-Auction $870,000

17.56% Over agents price guide - Price Per Square Meter: $12,428

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 70m2

Price Guide: $740,000 - Opening bid: $#

Bidders: # - Bids: # - Last Sold: 6 Jul 2005 for $365,000

28 Girilang Avenue, Vaucluse - SOLD $8,175,000

% Over agents price guide - Price Per Square Meter: $11,728

House - Beds: 4 - Bath: 3 - Parking: 3 - Land size: 697m2

Price Guide: $? - Opening bid: $7,500,000

Bidders: 3 - Bids: 17 - Last Sold: 7 Oct 2009 for $3,370,000

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Auction Results Sydney 4 September 2021

Auction Results Sydney 4 September 2021

Auction Results Sydney 4 September 2021

Auction Results Sydney

Comment: Auction Results Sydney

Sydney dwelling values were up 20.9 per cent over the year and 1.8 per cent over the month or about $20,000 over August. Apartment price rises were not as extreme at 9.4 per cent for the year.

Over the past three months, the number of home sales has been 30 per cent above average, while the number of listings is 29 per cent below average. Potential sellers have decided to wait until later in spring to list their homes, fearful they won’t be able to achieve a strong price, except the opposite has occurred, pushing prices up.

Many homeowners who would otherwise have put their homes for sale decided to hold off listing, but buyers, spurred by low interest rates, remained active. After the easing of restrictions, there will be more properties to choose from, but don’t expect prices to fall…

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 Paddington, Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Narromine 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

Auction Results Sydney 4 September 2021

CLEARANCE RATE: 71.42% - SOLD: 5 - PASSED IN: 2 - AUCTIONS: 7

11/244 Campbell Parade, Bondi Beach - PASSED IN NO BIDS

% Over agents price guide - Price Per Square Meter: $

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: ?m2

Price Guide: $1,300,000 - Opening bid: $1,300,000 (Vendors bid)

Bidders: 0 - Bids: 0 - Last Sold: 30 Sep 2015 for $675,000

29 Sturt Street, Darlinghurst - PASSED IN $1,675,000

1.5% Over agents price guide - Price Per Square Meter: $27,016

Terrace - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 62m2

Price Guide: $1,650,000 - Opening bid: $1,650,000

Bidders: 2 - Bids: 3 - Last Sold: 6 Dec 2011 for $475,000

15 National Street, Leichhardt - SOLD $2,925,000

% Over agents price guide - Price Per Square Meter: $10,299

House - Beds: 4 - Bath: 3 - Parking: 1 - Land size: 284m2

Price Guide: $? - Opening bid: $2,200,000

Bidders: 7 - Bids:49 - Last Sold: 3 May 1997 for $334,000

1180 Forest Road, Lugarno - SOLD $1,416,000

28.72% Over agents price guide - Price Per Square Meter: $2,309

House - Beds: 2 - Bath: 1 - Parking: 1 - Land size: 613m2

Price Guide: $1,100,000 - Opening bid: $1,275,000

Bidders: 6 - Bids: Circa 25 - Last Sold: Not available

20 Rawson Avenue, Queens Park - SOLD $5,160,000

% Over agents price guide - Price Per Square Meter: $16,973

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 304m2

Price Guide: $? - Opening bid: $4,000,000

Bidders: 5 - Bids: 28 - Last Sold: 23 Oct 2010 for $2,400,000

5/43A St Marks Road, Randwick - SOLD $1,810,000

% Over agents price guide - Price Per Square Meter: $10,462

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 173m2

Price Guide: $ - Opening bid: $1,500,000

Bidders: 2 - Bids: 14 - Last Sold: 15 May 1985 for $142,0000

8/50 Bayswater Road, Rushcutters Bay - SOLD $1,150,000

21.05% Over agents price guide - Price Per Square Meter: $21,296

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 54m2

Price Guide: $950,000 - Opening bid: $900,000

Bidders: 2 - Bids: 9 - Last Sold: Not available

Auction Results Sydney

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Auction Results Sydney 28 August 2021

Auction Results Sydney 28 August 2021

Auction Results Sydney 28 August 2021

Auction Results Sydney

Comment: Auction Results Sydney

Property prices are expected to rise 23 per cent in Sydney this year, according to the ANZ’s latest forecasts, released on Wednesday. “We did think by this time of the year that the momentum in prices would have pulled back. Interest rates are staying low for some time; they’re driving a lot of the market, and we’re seeing high borrowing” said ANZ senior economist Felicity Emmett.

Momentum in the property market is expected to slow in 2022 due to affordability constraints, but is anticipated to grow at around 5%.

In Bellevue Hill in Sydney’s eastern suburbs, house prices jumped a whopping 15.2 per cent last financial year, or more than $850,000, to a median of $6.45 million, which will buy you a three-bedroom house in original-condition on approximately 500 square meters.

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 Paddington, Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Narromine 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

Auction Results Sydney 28 August 2021

CLEARANCE RATE: 100% - SOLD: 6 - PASSED IN: 0 - AUCTIONS: 6

6 Kevin Avenue, Avalon Beach - SOLD $3,430,000

27.03% Over agents price guide - Price Per Square Meter: $4,386

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 782m2

Price Guide: $2,700,000 - Opening bid: $2,850,000

Bidders: 3 - Bids: 41 - Last Sold: 3 Apr 2020 for $1,770,000

5/55 Bream Street, Coogee - SOLD $987,500

16.17% Over agents price guide - Price Per Square Meter: $19,362

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 51m2

Price Guide: $850,000 - Opening bid: $850,000

Bidders: 5 - Bids: 35 - Last Sold: 1 Feb 2008 for $420,000

19 Sandpiper Place, Kenthurst - SOLD $2,810,000

8.07% Over agents price guide - Price Per Square Meter: $1,133

House - Beds: 7 - Bath: 4 - Parking: 3 - Land size: 2480m2

Price Guide: $2,600,000 - Opening bid: $2,475,000

Bidders: 3 - Bids: Circa 20 - Last Sold: 26 May 2014 for $1,580,000

Glengarry 30 Brummagen Rd Narromine - SOLD $1,560,000

20% Over agents price guide - Price Per Acre: $2,294 per acre

Acreage - Beds: 0 - Bath: 0 - Parking: 0 - Land size: 680 acres

Price Guide: $1,300,000 - Opening bid: $1,100,000

Bidders: 3 - Bids: Circa 25 - Last Sold: Not available

114/3 Darling Island Road, Pyrmont - SOLD $4,307,000

% Over agents price guide - Price Per Square Meter: $23,155

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 186m2

Price Guide: $? - Opening bid: $3,000,000

Bidders: 5 - Bids: 48 - Last Sold: Not available

7/14 Victoria Avenue, Woollahra - SOLD $850,000

6.25% Over agents price guide - Price Per Square Meter: $15,454

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 55m2

Price Guide: $800,000 - Opening bid: $#

Bidders: # - Bids: # - Last Sold: Not available

Auction Results Sydney

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Auction Results Sydney 21 August 2021

Auction Results Sydney 21 August 2021

Auction Results Sydney 21 August 2021

Auction Results Sydney

Comment: Auction Results Sydney

Record house prices, more savings, less spending and very low interest rates was still working towards a robust housing market. Commonwealth Bank of Australia’s head of Australian economics, Gareth Aird, said the support of banks and governments had helped give households confidence throughout this outbreak.

Households have saved a lot of money over the past year and are investing it wisely in property. The housing market is well supported pretty much across the country. The major factor there is that interest rates are going to stay low for a long time.

At the moment, distressed selling is lower than last year with 798 distressed listings in NSW. Back in October last year, there were 2250 distressed listings in NSW.

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 Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Lakemba,  Bowral and Kellyville Ridge.

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

Auction Results Sydney 21 August 2021

CLEARANCE RATE: 100% - SOLD: 6 - PASSED IN: 0 - AUCTIONS: 6

14 Lennox Street, Bellevue Hill - SOLD $8,930,000

62.36% Over agents price guide - Price Per Square Meter: $12,684

Block of Units - Beds: 8 - Bath: 4 - Parking: 0 - Land size: 704m2

Price Guide: $5,500,000 - Opening bid: $5,500,000

Bidders: 5 - Bids: 50 - Last Sold: First time offered

6/49 Francis Street, Bondi Beach - SOLD $1,290,000

17.27% Over agents price guide - Price Per Square Meter: $18,169

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 71m2

Price Guide: $1,100,000 - Opening bid: $1,000,000

Bidders: 3 - Bids: 28 - Last Sold: 14 Fed 1996 for $255,000

25/4-8 Edgecumbe Avenue, Coogee - SOLD $1,900,000

11.76% Over agents price guide - Price Per Square Meter: $13,868

Unit - Beds: 2 - Bath: 2 - Parking: 1 - Unit size: 137m2

Price Guide: $1,700,000 - Opening bid: $1,600,000

Bidders: 4 - Bids: 25 - Last Sold: 30 Jul 2014 for $920,000

288 Pacific Highway, Lindfield - SOLD $3,080,000

23.20% Over agents price guide - Price Per Square Meter: $7,700

Commercial Office - Beds: # - Bath: # - Parking: 10 - Land size: 400m2

Price Guide: $2,500,000 - Opening bid: $2,250,000

Bidders: 5 - Bids: Circa 20 - Last Sold: Not available

90 Irrubel Road, Newport - SOLD $2,155,000

% Over agents price guide - Price Per Square Meter: $3,875

House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 556m2

Price Guide: $? - Opening bid: $1,800,000

Bidders: 4 - Bids: 20 - Last Sold: 30 Mar 2012 for $770,000

39 Fletcher Street, Woollahra - SOLD $3,425,000

10.48% Over agents price guide - Price Per Square Meter: $20,029

Cottage - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 171m2

Price Guide: $3,100,000 - Opening bid: $3,100,000

Bidders: 3 - Bids: 13 - Last Sold: 15 Apr 2005 for $1,050,000

Auction Results Sydney

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Auction Results Sydney 14 August 2021

Buyers Agent Eastern Suburbs

Auction Results Sydney 14 August 2021

Auction Results Sydney

Comment: Auction Results Sydney

The Reserve Bank is still claiming interest rates will remain on life support settings until 2024 and unemployment is at a cyclical low. In all likelihood, property prices hasn’t peaked.

If you are considering getting into the market, you might buy just before prices dip, but more than likely you probably won’t. When property prices dip, they rarely fall that much. They’re not like stock markets. And they usually recover within a year or two. It’s still a great time to buy property in Sydney or the Southern Highlands.

Anyone living in Australia probably feels like local home prices have shot up at shocking rates, but the increases have been mild when compared to Montreal, Los Angeles, Auckland and Toronto, where prices have soared by at least 30 per cent since the start of 2020

PRD Real Estate chief economist Diaswati Dr Mardiasmo said a drop in the number of homes on the market due to the latest lockdowns had only increased competition on properties, as buyer demand remained strong. She added the market was also drawing international interest, as Australia was seen as a safer place for investment due to its handling of the pandemic.

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 Sandringham, Darling Point,  Kangaroo Valley, Bellevue Hill, Lakemba,  Bowral and Kellyville Ridge.

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

Auction Results Sydney 14 August 2021

CLEARANCE RATE: 100% - SOLD: 9 - PASSED IN: 0 - AUCTIONS: 9

7 Castlefield Street, Bondi - SOLD $3,455,000

% Over agents price guide - Price Per Square Meter: $13,987

Semi - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 247m2

Price Guide: $? - Opening bid: $2,900,000

Bidders: 3 - Bids: 35 - Last Sold: 10 Mar 2017 for $1,900,000

35/53 Ocean Avenue, Double Bay - SOLD $920,000

18.42% Over agents price guide - Price Per Square Meter: $16,140

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 57m2

Price Guide: $780,000 - Opening bid: $800,000

Bidders: 2 - Bids: 15 - Last Sold: Not available

70 Siandra Drive, Kareela - SOLD $1,990,000

% Over agents price guide - Price Per Square Meter: $3,472

House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 573m2

Price Guide: $? - Opening bid: $1,450,000

Bidders: 12 - Bids: 51 - Last Sold: 15 Dec 2007 for $740,000