No handshakes, but lots of property activity this weekend

Just the facts: Coronavirus vs. Sydney buyers and sellers this week.

Coronavirus was the big question at open homes over the weekend, but the BresicWhitney sales team continued to sell homes across Sydney.

From Saturday to Saturday, we sold 30 homes, 17 of which were over $1.5 million, and 8 selling off-market. This included a warehouse in Paddington, a $2.255m cottage in Balmain, a $4.45m house in Hunters Hill and a $3.3m Altair apartment off-market in Darlinghurst.

More than 30 new homes have also been signed up for sale this week.

The weekend brought little change in open home attendance with 1305 groups at BresicWhitney homes on Saturday, and 13 buyers at each property, in line with our 2020 numbers so far.

At one point during the week, the BresicWhitney team had successfully brought together 9 sales in a 24-hour period, and our weekend auctions had a total of 10 registered bidders turn out.

One change you’ll see is the following sign appearing at our homes. We’re doing what we can to keep people safe at open inspections.

On that note, there were 14 open inspections this weekend with more than 20 groups through. And more than 40 people inspected our most popular listings in Lewisham, Chippendale, Paddington and Summer Hill.

With overseas arrivals now self-isolating for 14 days, people with AirBNB properties and holiday rentals have been reaching out.

With most of our rental properties leasing within 10 days right now, our leasing team is doing what they can to help. Reach out to them here.

One auction in Ryde on Saturday had previously failed to sell elsewhere in October last year. The highest offer back then was $1.56m. With some cosmetic tweaks and new competition, it sold under the hammer on Saturday for $1.652 million.

Opening for the first time, 32 Dillon Street, Paddington attracted more than 35 groups, with a $2.5 million guide.

27 Denison Road, Lewisham was another open home with more than 30 groups, and a $1.5 million guide. The team issued two contracts, and had three people take Building and Pest inspections.

See all recent sales here.

We’ll keep you updated with new developments, but with precautions in place, it’s business as usual.

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