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Terrace sells for $525,000 over reserve in Sydney lockdown

By Taylor and Partners Reception

Snap lockdowns hit auction markets in Sydney and Brisbane as sellers delayed sales but the reaction from vendors was “nowhere near as severe” as it was last year when properties were pulled from the market en masse.

In Sydney, which went into lockdown a week ago, a Darlinghurst terrace sold during an online auction for $3.625 million, some $525,000 above the $3.1 million reserve.

See the article here

Publication: Australian Financial Review

Author: Nila Sweeney

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