Sell with Confidence
Read More


By Mikaela Fowler

Our sales results for May brings more positive news for all Australian property owners.

Despite a month of lockdowns and being restricted in the manner by which we could operate, in Australia we recorded unconditional sales of $2.37 billion in May, which was only 11 per cent less than May 2019.  This result is 11 per cent higher than our unconditional sales in April.

Including New Zealand, a market more significantly impacted by restrictions over the past two months, we wrote just shy of $3 billion.  All of this pointing to an extremely resilient and active property market.

Prices remain strong and well in line with those achieved in 2019, and in some markets they are stronger.  Strong buyer activity is best evidenced by the fact the average registered bidders per auction was 4.6 in May, a record number.

It seems that more customers are recognising these fundamentals and that now is a good time to come to the market, as new listings started to build in the second half of May.

A huge thank you to all our customers who trusted us with the marketing of their property in May, and to all our members who were unyielding in their commitment to overcome any obstacles and create competition for their clients.

Our partners at Loan Market had a record month with $1.001 billion in settlements, $1.63 billion applications and $987 million in approvals. This is the first time the broker network has passed $1 billion in settlements for a month. Such an outstanding result for all their clients.

Dan White.


Up to Date

Latest News

  • Auctions fire up despite rain on big game day

    MARKET watchers only had eyes for Melbourne today on-site auctions were finally allowed back in a limited capacity in the Victorian capital for the first time since early July. The Ray White Group booked a preliminary national clearance rate of 74.5 per cent. This week the auction juggernaut had 618 … Read more

    Read Full Post

  • Top tips for growing green vegetables

    Before summer sets in, I go through the seeds scattered throughout my shed and select a good batch of mixed greens to plant directly into our garden beds and pots. Spring is when the soil temperature starts to warm up so your seeds and seedlings will be sure to take off, … Read more

    Read Full Post