Another School Holiday weekend with great results for the property market, insofar as Auction results, which is great! There were originally 651 Auction scheduled for the weekend with 466 reportedly taking place and of those, 394 were sold under the hammer. There were also 34 properties withdrawn for whatever reason. The median price of property … More Real Estate Market Commentary 8TH OCTOBER
… And we are still waiting for the market to take off for the Spring. … More SYDNEY AUCTION RESULTS –12TH SEPTEMBER
Whenever the clearance rates for Auctions dip we typically have an excuse, the most common being; ‘this is the end of the bubble’. I am beginning to think that this sort of chatter could be true. … More SYDNEY AUCTION RESULTS – 8TH AUGUST
We’ve all been waiting for it to happen, and it has happened; The Auction Clearance Rates dropped below 80%. … More SYDNEY AUCTION RESULTS – 1ST AUGUST
Sydney Upper North Shore median house prices … More What is your suburb doing?
Property still strong after the Long weekend. Auction clearance rates still high. … More SYDNEY AUCTION RESULTS – 6TH JUNE
Further to any commentary I have made with regard to property prices, median sale prices and Auction clearance rates, this market, for all intents and purposes, is still ‘booming’. People looking to sell are asking whether the prices will continue to grow or whether we will see the prices fall away shortly or even, whether … More Boom, Crash.
There has been a lot of talk, over the past week especially, in regard to the rising ‘median’ property prices in Sydney, being speculation that it will tip the $1M mark. However, the median price for property cleared at Auction has been, for the most part, above $1M for the majority of 2015. Property prices … More SYDNEY AUCTION RESULTS – 16TH MAY
If you were waiting for a rate cut at the hope that it would continue to stimulate the Real Estate market and were subsequently disappointed when the RBA announced it wasn’t cutting the rate after solid speculation that it would, hold on. Auction Clearance Rates were up at record levels at the weekend, I mentioned … More SYDNEY AUCTION RESULTS – 11TH APRIL
Avoid using an untrained gut instinct for picking an agent. … … More Tips: picking a Real Estate Agent.
Thomas Merriman 