Week Ending 18th May 2014
A clearance rate of 72% this week for Ray White Victoria from 67 auctions reported, compared to 64% last weekend.
Victoria clearance:
72% from 863 auctions (source: REIV)
Weekly highlights:
Well done to Ray White Manningham selling 6 from 8 auctions. Of note were two outstanding results: 35 Dorking Road, Box Hill South – sold for $1.470m ($170.000 over reserve!) – well done Thomas Liouas & 31 Golden Way, Bulleen – sold for $1.260m ($210,000 over reserve!!!) – great work Carmen Stenta and Frank Perri.
Ray White Warrnambool held an outstanding in-room event on Wednesday evening, selling 7 from 9. Excellent work from Jess, Leanne and the team. A big crowd gathered and the energy in the room was electric!
Some interior spaces should be more than just functional; they should be opportunities for self expression, inviting you to experiment with colour, texture and form. “When we design only for ourselves, we give ourselves permission to be braver and that often leads to the most interesting work,” says interior … Read more
RBA holds cash rate steady as housing inflation proves stubborn. Rents and construction costs remain elevated despite tight policy, creating a paradox where higher rates slow demand but restrict housing supply growth. The Reserve Bank has held the cash rate steady today, maintaining a cautious stance as inflation continues to … Read more