“It’s pleasing that, once again, the Victorian property market remained resilient and strong,” Ray White Victoria and Tasmania CEO Stephen Dullens. Our members are well prepared and well versed at online auctions and today saw a strong level of activity. After a week with so much change across Victoria, it’s been tremendous to see such fantastic results achieved across all property segments in Melbourne. Despite these challenges, it’s been wonderful to see so much activity to assist our customers and keep the real estate market active.
28 Emanuel Drive, Seaford sold at an online auction on Sunday 6th June for $970,000. This was $90,000 above the reserve.
While some auctions were pulled forward to beat the lockdown, a mountain of work from our agents saw the majority of auctions continue online – and that resulted in some spectacular outcomes with more than 100 online auctions conducted. Our auctioneers once again took to their lounge rooms and bedrooms to call auctions from their homes. “
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Australia’s housing market is now in a coordinated acceleration phase, with every single major market now exhibiting monthly growth rates that signal significant momentum building across the nation. Perth’s 1.3 per cent monthly growth, if sustained, would deliver annual returns well above its current 11.6 per cent annual rate. Similarly, … Read more