A derelict Marrickville house that has not had any renovations since it was bought in the 1960s has sold to inner west investors for $1,303,000. Fourteen potential buyers registered to bid on the four-bedroom deceased estate at 13 Wallace Street, despite it being uninhabitable.
In Gladesville, a three-bedroom house at 26 Western Crescent sold for $1,723,000 to local upgraders who plan to build a home to pass down to their daughter. The reserve was $1.55 million.
In Bondi, another tightly held property, in a much better condition, was also sold under the hammer to an investor. The three-bedroom apartment at 4/18-20 Penkivil Street had a price guide of $1.4 million and was sold for $1,571,000.
Last week’s Sydney auction clearance rate was 65%. There were 403 properties listed for sale, 261 properties were sold, and 98 properties were withdrawn. Moreover, the total clearance rate for state of New South Wale last week was 56%.
According to Realestate.com.au, it was reported 1394 private sales in New South Wales over last week. 275 properties were sold at auction, while 222 were sold prior to auction.
Last Saturday Sydney Auction Top5 House
▼TOP 1. AUD$6,610,000
Address: 49 Cotswold Rd, Strathfield NSW 2135
House | 7 Bed | 5 Bath | 5 Parking
▼TOP 2. AUD$5,050,000
Address: 12 Koola Av, Killara NSW 2071
Land Size: 904 sqm
Internal Size: 405 sqm
House | 5 Bed | 4 Bath | 3 Parking
▼TOP 3. AUD$4,666,000
Address: 54 Annette St, Oatley NSW 2223
Land Size: 1964 sqm
House | 5 Bed | 3 Bath | 4 Parking
▼TOP 4. AUD$3,950,000
Address: 14 Brisbane Av, Rodd Point NSW 2046
Land Size: 407 sqm
Internal Size: 134 sqm
House | 3 Bed | 1 Bath | 2 Parking
▼TOP 5. AUD$3,715,000
Address: 64 Oliver St, Freshwater NSW 2096
Land Size: 523 sqm
House | 4 Bed | 2 Bath | 2 Parking
Last Saturday Sydney Auction Top5 Unit
▼TOP 1. AUD$3,650,000
Address: 7/55-57 Carr St, Coogee NSW 2034
Unit | 4 Bed | 3 Bath | 2 Parking
▼TOP 2. AUD$2,820,000
Address: 41 Dillon St, Paddington NSW 2021
Terrace | 4 Bed | 1 Bath | – Parking
▼TOP 3. AUD$2,701,000
Address: 107/57 Upper Pitt St, Kirribilli NSW 2061
Unit | 2 Bed | 1 Bath | 1 Parking
▼TOP 4. AUD$2,575,000
Address: 1/22 Cliff St, Manly NSW 2095
Unit | 3 Bed | 2 Bath | 1 Parking
▼TOP 5. AUD$2,500,000
Address: 97 Darley Rd, Manly NSW 2095
Semi | 3 Bed | 2 Bath | – Parking
