The records do continue to tumble. We sold a 2 bedroom apartment in Rose Bay for $70,000 over the reserve price. Also a duplex in Bondi for $320,000 over the reserve price. We sold a property for $320,000 and another at $4,200,000 and many in between so it really is across the spectrum.
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