Blacktown secures strong auction success among busy Sydney auction weekend

Blacktown secures strong auction success among busy Sydney auction weekend
Jonathan ChancellorDecember 7, 2020

Another near-record number of Sydney homes went under the hammer with 979 weekend auctions.

It ranked as the fourth highest day for auctions this year and the fifth highest ever.

Around 400 auctions are scheduled just five days before Christmas.

The weekend result, according to the initial Australian Property Monitors (APM) report, was 75%, with the prior weekend revised down to 65%.

The inner west hosted 172 auctions followed by the south with 141, but the busiest suburb for auctions was Blacktown in the west with 15, followed by Mosman on the lower north shore and Epping on the upper north shore each with 14.

APM had nine sales among the 10 reported results at Blacktown.

The price ranged from $497,000 for a three bedroom cottage at 41 Maloney Street (pictured above) to $902,000 for a four bedroom, 10 year old home on a large 1162 square metre block at 2a Felicia Place. Starr Partners were saying $799,000 plus for the pricey offering.

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.

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