Best Performing Agent | Property
Best Performing Agent
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09.01.2022 The Weekly Report (Week Ending 4/9/16) The first week of spring has opened to some great auction results. An unusally low number of stock in the market has lead to an urgency within buyers to buy property. Clearance rates across the country have risen. Pushed along by low interest rates and a lower number of listings than average, cities such as Brisbane, Canberra and Adelaide saw their clearance rates rise to above average levels. According to Domain’s senior economist, the ...market has ‘irresistible momentum’. It is expected that this higher than average clearance rates shall lead to a rise in property prices. The most expensive property in the nation sold over the weekend was in Drummoyne at 78 Wright Street, which sold for over 8 million. Brisbane saw a clearance rate of 55 per cent when it is usually travelling in the 40s. In Brisbane, the most expensive residential property to sell was a huge renovated Hampton style five-bedroom house at 167 Simpsons Rd, Bardon, which sold for $2.5 million to a Singaporean couple In Melbourne the auction clearance rate was again stronger than last week, up to 77.5 per cent from 76 per cent. A five-bedroom house in Kew sold for $6.24 million. In Canberra, where the market has also been strengthening, there were solid results with an auction clearance rate of 82% where a three-bedroom house at Campbell selling for $1.62 million. Adelaide saw a preliminary clearance rate of 80, across 57 reported auctions; the highest Adelaide has recorded for the year. In Perth, auction numbers fell to 26 this week with a preliminary clearance rate of 16 per cent. Just six auctions have been reported Selling with best performing agent in your area can add thousands to the sale of your property. Most people choose an agent based on a friends recommendation or by the next agent who walks in the door. Your property is the biggest asset you will sell. Use statistics to choose the best performing agent to sell it. We compare all local agents in your area. Call Us today for confidential, no-obligation discussion with our local area expert . 1300 423 782. Free for Sellers, Confidential, No-obligation, Fast and Easy.
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