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September Auction Triumphs in Sydney: $30M Achieved Across Just 5 Sales

October 4, 2024
September Auction Triumphs in Sydney: $30M Achieved Across Just 5 Sales

Sydney’s property market remained dynamic throughout September, as the auctions multiplied over the second Super Saturday of the year.

Over the four weekends in September, almost 4,000 auctions were scheduled, with the highest number taking place during the last weekend of the month.

Auction Stars in Sydney: September 2024

Our September’s Auction Stars include several luxurious homes that captured the spotlight, showcasing the vibrant and competitive nature of Sydney’s real estate market.

Below, we highlight the most remarkable properties sold at auction this past month and celebrate the agents behind them all.

Sold For $6,200,000 by Alexandra Demirjian & Tarun Sethi From McGrath-Strathfield

Auction Stars in Sydney: September 2024

19 South Street, Strathfield, NSW, 2135, Australia

Agents: Alexandra Demirjian & Tarun Sethi

This expansive 1,208 sqm block in Strathfield was successfully auctioned, showcasing its incredible potential for luxury living or development. With a 20.115m frontage, the property offers abundant space and includes DA-approved plans for a new residence.

Its prime location near Strathfield Plaza, parks, elite schools, and major transport routes makes this a significant acquisition for investors or homeowners seeking prestige in one of Sydney’s finest suburbs.

Sold For $5,650,000 by James Kaye & Norman So From Belle Property Strathfield | Homebush

Auction Stars in Sydney: September 2024

12 bedrooms, 7 bathrooms, 6 car spaces

7 Ethel Street, Burwood, NSW, 2134, Australia

Agents: James Kaye & Norman So

This 1,233sqm super-block in Burwood was auctioned for $5,650,000, offering an outstanding investment opportunity. Currently configured as six flats, generating $126,360 per annum, it presents incredible potential for subdivision, duplexes, or co-living (STCA).

With no easements or heritage restrictions, this blue-ribbon property near Burwood CBD, train station, and elite schools is ideal for development or generating holding income.

Sold For $5,545,000 by Norman So & James Kaye From Belle Property Strathfield | Homebush

Auction Stars in Sydney: September 2024

5 bedrooms, 4 bathrooms, 4 car spaces

111 Charles Street, Putney, NSW, 2112, Australia

Agents: James Kaye & Norman So

This near-new architectural home in Putney sold at auction for $5,545,000, featuring luxury finishes and resort-style amenities. Constructed with double brick and concrete, the residence offers multiple living zones, a signature marble stairway, and premium Miele appliances throughout.

The property’s expansive layout includes a sparkling pool, covered courtyard, and palatial master suites. Located close to village shops, parks, and ferries, it offers a seamless combination of style and convenience.

Sold For $5,500,000 by Arthur Syrios From McGrath-Strathfield

Auction Stars in Sydney: September 2024

4 bedrooms, 2 bathrooms, 5 car spaces

5 Irene Street, Wareemba, NSW, 2046, Australia

Agent: Arthur Syrios

This charming character home in Wareemba sold at auction for $5,500,000. Situated on a 695.6sqm elevated block, it offers lucrative potential with options to renovate or rebuild (STCA).

The property, held by the same owner for 40 years, features two residences generating $1,300 per week in income. Ideally located on a quiet waterside street, it’s within walking distance of shops, schools, transport, and the popular Wymston Parade, making it an excellent investment or future family home.

Sold For $5,200,000 by Glenn Curran & Nicole Yan From The Agency Lower North Shore

Auction Stars in Sydney: September 2024

5 bedrooms, 3 bathrooms, 2 car spaces

3 Loombah Avenue, East Lindfield, NSW, 2070, Australia

Agents: Glenn Curran & Nicole Yan

This elegant dual-level, full-brick home in East Lindfield sold for $5,200,000, showcasing timeless comfort and luxury. Built in the 1940s P&O style, the property features formal and informal lounges, a quality all-Miele kitchen, and three renovated bathrooms.

The sunlit backyard hosts a large solar-heated pool and manicured gardens perfect for entertaining. Situated in a tranquil, tree-lined street, it offers close proximity to Lindfield East Public School, village shops, and convenient transport links.

Summary

Sydney’s auction market in September showcased resilience and interest in luxury real estate, with nearly 3,900 auctions scheduled and 1,898 properties sold.

Despite fluctuating clearance rates, the steady demand for high-end properties was evident, especially in sought-after suburbs like Strathfield, Putney, and East Lindfield.

As the market gears up for the final quarter, these remarkable results reflect the continued enthusiasm of buyers and investors looking for premium opportunities in New South Wales.

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