04 Oct Sydney Property Auction Results Saturday 1st October
Sydney Property Market Analysis 2016
|Source:||Australian Property Monitors|
Saturday was a quiet day for property auctions due to the long weekend. Only 263 properties were listed for auction, significantly down on past weeks.
5 Morella Rd, Mosman, the graffiti’d decrepit mansion overlooking Clifton Gardens sold at auction on September 29 for $6.6m. While the final sale price was less than the initial price expectations of $7.3m-$8m, it was still a very healthy price for a property that needs a complete overhaul.