This sun drenched two bedroom apartment in King St, Randwick attracted 5 registered bidders on auction day. Sydney real estate auctioneer Clarence White of Menck White Auctioneers sold the property under the hammer for Daniel Cachia and PPD Real Estate.
The Sydney clearance rate rose slightly to 72% this week after sitting very steading in the high 60s for many weeks. The Sydney housing market may be a little patchy but it is showing strong resilience through tricky economic times and through patchy confidence due to the ongoing pandemic.