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
Well, common speculation was correct, the RBA has cut rates to a record low at 2% which may push mortgages into the 3’s? This may be due to a number of factors, namely the strength in the property market. However, it is not just people with Real Estate interests that are concerned with the speculation … More Ubiquitous Interest Rates Commentary
As anticipated and as planned, there was not much at the weekend with regard to Auctions across Sydney. Most Real Estate agents didn’t open homes, while some did, and most Real Estate agents also didn’t conduct Auctions. Of those who did conduct Auctions, 33 were reported as taking place and 30 were sold. At a … More SYDNEY AUCTION RESULTS – 25TH APRIL
The Median sale price at Auction is back up over $1,000,000 after the weekends Auctions to $1,025,000. The Median Auction price up over the $1M mark is indicative of the quality of homes Auctioned at the weekend irrespective of the quantity,which often brings the price down. There were 737 homes originally listed and 599 that … More SYDNEY AUCTION RESULTS – 18TH APRIL
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
Auction Clearance Rates up at a mind-blowing 88% … More SYDNEY AUCTION RESULTS – 28TH MARCH
this market with the increased use of ‘Buyers Advocates’ and ‘Agent Negotiators’ … More Bull; we buy. Bear; we sell.
Finding ways to stimulate the already buoyant Real Estate market are not going to assist people in the long, or short, term … More Super Mortgage
Now the median property price on Real Estate sold at Auction in Sydney is $1,110,750 after last weekend. … More SYDNEY AUCTION RESULTS – 7TH MARCH
What is the average property price in Sydney’s Upper North Shore? … More SYDNEY AUCTION RESULTS – 28TH FEBRUARY
Thomas Merriman 