Prestige Clovelly waterfront home sells $7m+ at auction
Alexander Phillips and David Tyrrel of Phillips Pantzer Donnelley real estate attracted 4 registrations to compete at the auction of a spacious waterfront home at 6 Victory St, Clovelly. Multi-award winning real estate auctioneer Clarence White of Menck White Auctioneers sold the property under the hammer for the PPD team.
The Sydney real estate market has now passed the bottom of the correction cycle with consistently strong auction clearance rates, good registration numbers and in March rising median house prices again. The prestige property segment has performed quite strongly throughout the downturn and has faired comparatively better than other price points in the Sydney market.