News

Ray White Auctions – Autumn Surge

By Rebecca Zhang

 The NSW clearance rate has steadied this week at 71%. However given that 201 more properties went under the hammer on Saturday than the week prior; it shows continued strength in consumer sentiment.

Throughout greater Sydney the theme was continued with results ranging from $186,000, buying 323 Great Western Highway, Lawson while the top end continued its’ recovery with 98 Balfour Rd, Bellevue Hill selling for $3,025,000, the highest and lowest result in the state respectively.

Facts for Fodder this Week:

Total properties offered: 485

Withdrawn: 44

Sold: 373

Clearance: 71% (down 4% from last week)

Median: $871,000

Total value: $299,915,500

“Locally we are seeing increased number of attendees at our Open House, a shortened days on market and definitely a strong demand for the under-supplied market in the Lidcombe, Berala and Auburn area,” says Director Steven Duong.

For those  property-savvy investors out there, if you’re around at 12pm on Saturday 27th April, come along to our auction at 8 Murray StreetLidcombe and experience the “going-going-gone” rush yourself.

Up to Date

Latest News

  • Major Network Of The Year 2020

    We’re proud to announce that Ray White has been crowned the best of the best in the industry at this year’s annual Major Network of the Year at the 2020 Real Estate Business Awards. This award displays our group’s success over the past year especially during these recent hard times … Read more

    Read Full Post