Strong stoush at St. Ives auction
7 registered bidders lined up to purchase an ever so cute Hampdens-meets-Provincial-style home at 3 Scott Place, St. Ives this week at auction. 5 of those registered bidders actively bid competitively ending in the property being sold under the hammer for $2,106,000. Sydney real estate auctioneer Clarence White called the auction.
This is further proof that the Sydney property market is warming up rapidly now after nearly two years in decline. Sydney real estate remains in demand with buyers returning in numbers to the market in recent weeks leading into the spring selling season. Clearance rates for Clarence White over the past 3 weeks have been higher than 90% each week. Strong indications for the housing market in Australia moving forward.