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Market Update from Ray White Auctions

By Rebecca Zhang

Selling season sustained

As we enter further into Autumn there doesn’t appear to be any signs of the market slowing.

Once again the clearance rates rose. Strength throughout the market seems to be across price ranges.

The biggest result in Sydney was found at 13 John Dykes Ave, Vaucluse which was purchased for $3,350,000 while the best bargain saw 91 Carlisle Ave, Habersham selling under the hammer for $207,000.

Facts for fodder this week in NSW

Clearance rate NSW: 75% – up two percent

Total properties offered statewide: 284

Sold: 234

Median price under the hammer: $780,000

Total value of sales: $201,412,500

Ray White Lidcombe would like to invite you to our next Public Auction at 12pm on Saturday April 20 at 8 Murray Street Lidcombe. 

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