Posts Tagged ‘auction results Rose Bay’

What’s happening with the Sydney property market?

Hart_011So what is happening with the market? That’s what everyone is asking but no one seems to be sure about. There’s been chatter along the lines that the market may have peaked early this year and is sitting somewhere just under this point. However, due to low winter sale volumes, no one really knows if this is right.

Let’s start with some … Read the full post »

Randwick real estate brings excellent price at auction

We had a great auction on Tuesday night, with all three properties bringing excellent results.

29 Captain Pipers Road, Vaucluse – a fantastic piece of land – sold prior to auction.

The other two properties – 7/32-34 The Avenue, Rose Bay and 1/30 Figtree Avenue, Randwick – sold under the hammer.

The standout on the night was Figtree Avenue. There were 12 registered bidders, and competition was fierce, with the successful purchaser paying $786,000 for … Read the full post »

State of the market

If you’re a market watcher, you’ll have seen much talk about the strengthening Sydney sales market, with some even heralding a new boom. Fairfax media, in particular, publishes articles almost daily talking up the Sydney market and making much of changes to visa regulations that ease immigration to Australia for wealthy foreigners.

Here at Hart, we are cautiously optimistic. Confidence in the global economy is improving, Wall Street is in record … Read the full post »