Buyers needed to add 11% to weekend Sydney pre-auction price guidance

| Aug 19,2014

| 1 min read

Address	Suburb	State	Price Guide
9A Audley Street	Petersham	NSW	Over $1,100,000 SOLD $1.236m
1/37 Prince Street	RANDWICK	NSW	Over $1,150,000 SOLD $1.25m
129 Arthur Street	SURRY HILLS	NSW	Over $1,500,000 SOLD $1.67m
85 Waitara Parade	HURSTVILLE GROVE	NSW	Over $1,250,000 SOLD $1.4M
9/10 Aston Gardens	Bellevue Hill	NSW	Over $725,000 SOLD $865,000
44 Howard Street	RANDWICK	NSW	Over $1,700,000 SOLD $1.765m
54 Battye Avenue	BEVERLEY PARK	NSW	Over $1,300,000 SOLD $1.5m
106 Midson Road	EPPING	NSW	Over $1,400,000 SOLD $1.65m
5 Ian Avenue	NORTH CURL CURL	NSW	Over $1,700,000 SOLD $1.75m
33 Railway Parade	WOONONA	NSW	Over $700,000 SOLD $780,000
8/3 Rosebery Place	BALMAIN	NSW	Over $800,000 SOLD $925,000
18/20 Warwick Avenue	Cammeray	NSW	Over $650,000 SOLD $690,000
14 Brett Avenue	HORNSBY HEIGHTS	NSW	Over $750,000 SOLD $815,000
7 Park Road	MARRICKVILLE	NSW	Over $1,150,000 SOLD $1.361m

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags:

Auctions Sydney

Love this article?

Republish this article on your website for free

Republish this article

Republish This Article

Feel free to publish this article on your website. We just ask that you do not edit the article and ensure that the author is correctly attributed! Just copy the code below into your CMS.

By copying the code below you are adhering to all our guidelines

<h2> Buyers needed to add 11% to weekend Sydney pre-auction price guidance</h2>

<html><body>
<form id="dateForm" action="https://www.mcgrath.com.au/buying/thisweek/" method="get" name="dateForm">
The most affordable Sydney property reported sold at the weekend was the two bedroom unit at 8/12 Palmerston Street, Kogarah (pictured above) at $415,000 through Raine and Horne.
It last sold at $120,000 in 1994, so over the two decades it went up 6.4% annually.
The agents had given buyer indications at $400,000 plus, so it was fractionally above estimate.
Property Observer checked the pre-spring guidance against 14 weekend sales results.
There was an average 11% difference above the pre-auction indication, with estimates ranging from 3% to 19% above.
The 11% weekend average was well below two weekends ago when <a href="/expert-insights/buying/34155-paying-18-over-auction-estimates-sydney-s-pre-spring-price-spurt" target="_blank">the 10 offerings under review averaged 18% above guidance</a>.
</form>
<table style="width: 460px;" border="1" cellpadding="0">
<thead><tr>
<td width="171">
Address
</td>
<td width="206">
Suburb
</td>
<td width="136">
State
</td>
<td width="199">
Price Guide
</td>
</tr></thead>
<tbody>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-petersham-nsw-2049/227011" target="_blank">9A Audley Street</a>
</td>
<td width="206">
PETERSHAM
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,100,000 SOLD $1.236m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-randwick-nsw-2031/233458" target="_blank">1/37 Prince Street</a>
</td>
<td width="206">
RANDWICK
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,150,000 SOLD $1.25m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-surry-hills-nsw-2010/232445" target="_blank">129 Arthur Street</a>
</td>
<td width="206">
SURRY HILLS
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,500,000 SOLD $1.67m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-hurstville-grove-nsw-2220/232536" target="_blank">85 Waitara Parade</a>
</td>
<td width="206">
HURSTVILLE GROVE
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,250,000 SOLD $1.4M
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-bellevue-hill-nsw-2023/225270">9/10 Aston Gardens</a>
</td>
<td width="206">
BELLEVUE HILL
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $725,000 SOLD $865,000
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-randwick-nsw-2031/232988">44 Howard Street</a>
</td>
<td width="206">
RANDWICK
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,700,000 SOLD $1.765m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-beverley-park-nsw-2217/125435">54 Battye Avenue</a>
</td>
<td width="206">
BEVERLEY PARK
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,300,000 SOLD $1.5m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-epping-nsw-2121/230260">106 Midson Road</a>
</td>
<td width="206">
EPPING
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,400,000 SOLD $1.65m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-north-curl-curl-nsw-2099/231760" target="_blank">5 Ian Avenue</a>
</td>
<td width="206">
NORTH CURL CURL
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,700,000 SOLD $1.75m
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-woonona-nsw-2517/231444" target="_blank">33 Railway Parade</a>
</td>
<td width="206">
WOONONA
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $700,000 SOLD $780,000
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-balmain-nsw-2041/233342" target="_blank">8/3 Rosebery Place</a>
</td>
<td width="206">
BALMAIN
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $800,000 SOLD $925,000
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-cammeray-nsw-2062/232790" target="_blank">18/20 Warwick Avenue</a>
</td>
<td width="206">
CAMMERAY
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $650,000 SOLD $690,000
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-hornsby-heights-nsw-2077/202677" target="_blank">14 Brett Avenue</a>
</td>
<td width="206">
HORNSBY HEIGHTS
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $750,000 SOLD $815,000
</td>
</tr>
<tr>
<td width="171">
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-marrickville-nsw-2204/233753" target="_blank">7 Park Road</a>
</td>
<td width="206">
MARRICKVILLE
</td>
<td width="136">
NSW
</td>
<td width="199">
Over $1,150,000 SOLD $1.361m
</td>
</tr>
</tbody>
</table>
</body></html>
This article is republished from
<a href="https://www.urban.com.au">Urban.com.au</a> under a Creative Commons
license. Read the <a href="https://staging.urban.com.au/expert-insights/buying/34641-buyers-needed-to-add-11-to-weekend-sydney-pre-auction-price-guidance">original article</a>.