A first home buyer couple walked away with the keys to a two-bedroom house in Petersham on Saturday, after outbidding nine other house hunters with a winning $1.6 million offer.
Ten bidders, a mix of first home buyers and those hoping to upgrade from apartments, turned out to compete for the house at 258 Addison Road, which sold for $200,000 above the reserve.
Auction clearance rates in Sydney last week were 75%. Of the 589 properties listed for sale, 281 were sold and 63 were withdrawn. Additionally, the total clearance rate in NSW last week was 65 per cent.
According to Realestate.com.au, there were 1420 private sales reported in NSW last week. 304 properties sold at auction and 220 before auction.
Last Saturday Sydney Auction Top5 House
▼TOP 1. AUD$6,320,000
Address: 64 Wentworth Av, East Killara NSW 2071
Land Size: 1023 sqm
House Size: 460 sqm
House | 6 Bed | 6 Bath | 4 Parking
▼TOP 2. AUD$5,995,000
Address: 22 Pindari Av, Mosman NSW 2088
Land Size: 715 sqm
House Size: 255 sqm
House | 4 Bed | 2 Bath | 2 Parking
▼TOP 3. AUD$5,550,000
Address: 86 Glassop St, Balmain NSW 2041
Land Size: 284.5 sqm
House Size: 240 sqm
House | 4 Bed | 4 Bath | 1 Parking
▼TOP 4. AUD$5,202,000
Address: 26 Pine St, Manly NSW 2095
Land Size: 310 sqm
House Size: 112 sqm
House | 3 Bed | 2 Bath | 2 Parking
▼TOP 5. AUD$4,750,000
Address: 3 Brae St, Bronte NSW 2024
Land Size: 278 sqm
House Size: 187 sqm
House | 3 Bed | 3 Bath | 1 Parking
Last Saturday Sydney Auction Top5 Unit
▼TOP 1. AUD$7,150,000
Address: 1601/21 Cadigal Av, Pyrmont NSW 2009
Unit | 3 Bed | 3 Bath | 2 Parking
▼TOP 2. AUD$3,150,000
Address: 2/17 Wonderland Av, Tamarama NSW 2026
Unit | 2 Bed | 2 Bath | 1 Parking
▼TOP 3. AUD$2,850,000
Address: 206/109-117 Macpherson St, Bronte NSW 2024
Unit | 2 Bed | – Bath | – Parking
▼TOP 4. AUD$1,860,000
Address:23/1030-1034 Pittwater Rd, Collaroy NSW 2097
Unit | 3 Bed | 2 Bath | 2 Parking
▼TOP 5. AUD$1,858,000
Address: 2501/1 Marshall Av, St Leonards NSW 2065
Unit | 2 Bed | 2 Bath | 1 Parking