Record sales in all classes of properties! At our Auctions this month, we sold 2 bedroom apartments for either side of a million dollars, we sold a small cottage on just over 200 metres of land for over $1.84m, a block of 8 flats for just short of $6m and everything in between.
And so ends the 1st phase of 2015. Easter and school holidays tends to mean a little less property on the market, as does the Winter to follow. So results will remain strong through this period with demand outstripping supply even moreso – but Spring could see significant changes. More on that closer to the time.
Interest rates dropped this month, there has already been early evidence of increasing market confidence, but it is too soon to really analyse the full impact. In this edition though, we are bypassing the sales report because there is much ado on the investment / rental side. As savvy investors … Read more
Sales Report: We’ve now moved past Easter/Anzac Day/Election phase and into the next stage of the property cycle. As is typically the case at this time of year, we’re seeing a reduction in the number of new listings coming to market. Buyer demand however, remains steady – so we’re expecting … Read more