Buyers under pressure at spring auctions
Sydney’s auction market has turned into a pressure cooker, with close to 90 per cent of sellers getting a successful result on the opening weekend of spring thanks to bold bidding from buyers.
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Danger house sparks bidding war
Much of the house was deemed unsafe to enter but this failed to deter buyers from bidding big at an inner west auction today, helping the property sell for $200,000 over expectations.
Want to upsize to a house? Forget it
The usually active spring selling season has started with a whimper this year. Listing numbers are well below previous years, making it difficult for families to find detached houses.
Problem with trying to ‘time’ the market
It’s the dream of many a property investor — buy when the market is low and sell just as it peaks — but trying to time the market can be risky and most get it wrong, new research shows.
Tactic for winning auctions for less
Competition is heating up at Sydney home auctions and coming out on top in bidding requires a counterintuitive approach, experts have revealed, explaining some key strategies for winning.
Suburbs with best home deals
Home seekers who want the most discounted properties and least competition from rival buyers will find the best deals in suburbs along the path of one of Sydney’s biggest transport connections.
Prices of collapsing homes signal alarming trend
Panicked property seekers have been snapping up nearly anything up for sale, paying up to $2 million for homes with no roofs, termite damage and other features that make them uninhabitable.
Family stunned after crazy auction
A family who thought they’d get $1.4m for their home at auction were stunned when a big crowd showed up, pushing the price to a level no one expected. And there were plenty more big results on a heated day for sales.
Where it’s cheaper to buy than rent
Buying a home has become cheaper than renting one in parts of Sydney due to a mix of changes in the housing market, but property experts warn the good buying conditions may not last.
Danger for housing market in 2020
Property prices have been rebounding after a prolonged market slump, but further price rises could create a major headache for policymakers, a housing market analyst has warned.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/145