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Real Estate Market News
Good steady signs emerging
Today saw good solid signs of a fairly balanced steady market with auction results being quite pleasing across all price ranges.
The adjustment of values of some properties over the last 12 months appears to be making buyers feel more comfortable in the purchasing process and with more homes coming onto the market this weekend, we also saw better attendances at open for inspections and auctions.
Moving forward, with a number of private sale transactions taking place also through the winter period, many vendors are now getting their campaigns set to come on the market over the next few weeks when we should see volumes of properties providing buyers with even more choice.

8 Rossfield Avenue, Kew
Sold $580,000 above reserve, 6 bidders

 

11 Vears Road, Ashburton
Excellent sale price, 4 bidders

1/10 Manor Street, Brighton
Outstanding result, price undisclosed

 

76 Sutherland Road, Armadale
Sold $400,000 above reserve, 4 bidders

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