A three-bedroom unit in Rose Bay has sold for $3.21 million in a cautious and sluggish auction where bidders warily made offers.
Even so, it sold some $210,000 above the reserve to upsizers who outbid three other downsizers for the keys. The property was guided at $2.8 million.
The unit was one of 671 properties scheduled to go under the hammer in Sydney on Saturday. By evening, Domain Group recorded a preliminary auction clearance rate of 61 per cent from 394 reported results, while 108 auctions were withdrawn. Withdrawn auctions are counted as unsold properties when calculating the clearance rate.
Last Saturday Sydney Auction Top5 House
▼TOP 1. AUD$6,265,000
Address: 25 Bayview St, Bronte NSW 2024
Land Size: 819 sqm
House Size: 220 sqm
House | 5 Bed | 3 Bath | 3 Parking
▼TOP 2. AUD$6,000,000
Address: 26 Reginald St, Wareemba NSW 2046
Land Size: 813 sqm
House Size: 233 sqm
House | 6 Bed | 4 Bath | 2 Parking
▼TOP 3. AUD$4,100,000
Address: 9 Harrow Rd, Stanmore NSW 2048
Land Size: 405 sqm
House Size: 197 sqm
House | 4 Bed | 3 Bath | 3 Parking
▼TOP 4. AUD$4,005,000
Address: 7 Mooculta St, Russell Lea NSW 2046
Land Size: 697 sqm
House Size: 200 sqm
House | 3 Bed | 2 Bath | 3 Parking
▼TOP 5. AUD$3,395,000
Address: 14 Selborne St, Burwood NSW 2134
Land Size: 745 sqm
House Size: 210 sqm
House | 5 Bed | 2 Bath | 2 Parking
Last Saturday Sydney Auction Top5 Unit
▼TOP 1. AUD$4,725,000
Address: 5/17 Wonderland Av, Tamarama NSW 2026
Unit | 3 Bed | 2 Bath | 2 Parking
▼TOP 2. AUD$3,850,000
Address: 3/85 Bream St, Coogee NSW 2034
Unit | 3 Bed | 2 Bath | 1 Parking
▼TOP 3. AUD$3,210,000
Address: 23/11-19 Newcastle Street Rose Bay NSW 2029
Unit | 3 Bed | 2 Bath | 2 Parking
▼TOP 4. AUD$2,610,000
Address: 545/46 Baywater Dr, Wentworth Point NSW 2127
Unit | 4 Bed | 3 Bath | 3 Parking
▼TOP 5. AUD$2,200,000
Address: 7/36-38 Austin St, Lane Cove NSW 2066
Townhouse | 4 Bed | 3 Bath | 2 Parking