Sydney | Property Market | News | Sydney Auction Market Rises
Rising prices, attractive yields and tight vacancy rates will continue to attract investors to the booming Sydney market, as the Sydney weekend auction market recaptured it’s boom-time vibe.
Over the weekend, the Sydney auction clearance rate of 80 per cent was higher than last Saturday’s 78.8 per cent. A notable sale reported at the weekend included a five bedroom home 74-76 Homebush Road , Strathfield which sold for $4.5 million by Devine Real Estate but the most expensive property reported over the weekend sold at auction was a five bedroom home at 25 South Street, Strathfield which sold for $4.69 million by the same real estate.
The auction boom-time activity in Sydney is being fuelled by predictable resurgence in residential investors.
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