Archive for February, 2008

Action Packed Auction Tracking February 29, 2008 No Comments

With thirteen properties scheduled for auction on the 1st of March, Beach & Bay has been hard at work trying to provide the most up to date information for you.
Three properties were sold prior, with 1/3 Parramatta grabbing $385,000, 67 Pacific $670,000 and 29 Harris $1 Mil. We have also heard it through the grapevine [...]

Caringbah South Is Now Officially a Suburb! February 26, 2008 No Comments

With the week starting with Caringbah residents receiving news that Caringbah South was now an official suburb things were looking very bright. A huge 21 auctions were scheduled for Thursday 21st Feb and Saturday 23rd Feb up from 6 auctions the week before. This was a trend across Sydney with the SMH for Saturday 23rd [...]

Auction Figures February 18, 2008 No Comments

There were 6 properties that went to auction on Saturday in our focus area, 2 were cancelled, 1 sold prior, 3 passed in and 2 of these sold soon after the auction. According to the Sun Herald Domain (17.02.08), Sydney wide there were 223 auctions and a clearance rate of 51.9%. This week we are [...]

Welcome February 16, 2008 No Comments

Welcome to our relaunched and now interactive website. We hope to bring you useful information about real estate in general and auctions in particular. Beach & Bay’s website is focusing on our immediate suburbs from Cronulla to Lilli Pilli, but the system will be extending to the whole of Sydney (Agent enquiries welcome at info@housebook.com.au). [...]

The Auction Year Begins for 2008 February 11, 2008 No Comments

Saturday, 9th February,2008 saw the first auction of the year in our focus area with 5 Pervical St, Caringbah South attracting a great crowd despite the rain. Bidding kicked off at $600,000 and with approx 4 bidders the property sold very quickly under the hammer for $800,000(2 bed fibro on 700m2 approx). It seems the [...]

Real Estate Internationally February 10, 2008 No Comments

It certainly looks like real estate worldwide is in for a very interesting year in 2008. Home prices in the USA are in free fall. In fact, USA Today, reported on 30th January 2008 that about 2.18 million vacant homes were for sale in the fourth quarter of 2007 with nearly 1.3 million home owners [...]