Curtis Associates Buyers Agent Sydney service: Sydney’s CBD, Eastern Suburbs, Lower North Shore, Inner West, Northern Beaches and Sutherland Shire.
Cogent Advice Pty Ltd trading as Curtis Associates © 2024.
The Inner West property market may already have come off the boil.
In a very interesting micro litmus test last night, the renovated, freestanding terrace at 26 Metropolitan Road, Enmore – one of the suburbs best streets – sold at auction for $2,005,000. https://m.realestate.com.au/property-house-nsw-enmore-12445…
Despite spirited but short stride bidding from more than six parties, that result was just 2% higher than the $1,960,000 paid last December after a seven party bidding war, for the unrenovated and attached 14 Metropolitan Road five doors up the street.
You’d need a lot more than $45,000 to bring #14 up to the same standard as #26 and even then, it would be inferior.
Curtis Associates Buyers Agent Sydney service: Sydney’s CBD, Eastern Suburbs, Lower North Shore, Inner West, Northern Beaches and Sutherland Shire.
Cogent Advice Pty Ltd trading as Curtis Associates © 2024.