Auctions in Sydney: the homebuyer’s daring brag after paying $4 million

A homebuyer who overpaid $700,000 for a house in Sydney’s northwest made a bold statement after beating 25 other bidders. The spring auction market in Sydney is picking up after a long hibernation due to the lockdown. Nearly 600 properties went under the hammer over the weekend, up from previous weeks when sales were unusually … Read more

Sydney Auctions: Pagewood Pad Exceeds Expectation with $3M Sale

At the end of an auction for a fairly modest house in a quiet Sydney suburb, there was a murmur of “Oh my God” after it opened with an unexpected bid. A modest house in Pagewood has sold for an unexpected $3.02 million after initially hitting the market with a guide of $2.2 million. The … Read more

Sydney’s worst houses? Inside the crumbling wrecks sold for unbelievable prices

Sydneysiders may be used to high property prices, but recent sales of crumbling homes you can’t live in show that the market has reached another level of insanity. Sydney’s few available homes during lockdown are multimillion-dollar properties you can’t even live in. And with crumbling walls, dangerous drips in the floors and, in one case, … Read more

Sydney auctions: Western Sydney Fibro home to sell for $1.4 million amid housing shortage

A grim house in western Sydney with little room for redevelopment became the target of an unlikely bidding war at auction, with the agent pointing to a trend that drew 21 bidders. A dingy fibro house in western Sydney became the target of an unlikely bidding war when 21 buyers registered for the online auction. … Read more