Another weekend of auctions, another strong demonstration of the #multispeed market that is the #sydneypropertymarket.
Whilst the inner suburban, higher-priced regions continued to perform above average, once again the North West, West and Central Coast markets dragged down the overall result. The surprise market was Canterbury-Bankstown, moving from 50% last weekend to 64% this weekend.
The median auction price of $1,301,000 on Saturday was once again higher than in previous weeks, and also when compared to the $1,212,500 recorded over the same weekend last year.
In the current market, you need an experienced and professional negotiator to ensure you are getting the right property for the lowest possible purchase price, and to ultimately ensure you are paying true market value. Call us today on 02 9960 1066.
*Source: Dr Andrew Wilson, Chief Economist at My Housing Market
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