Out of 527 properties that went under the hammer around Melbourne, 349 sold with only 79 passing in. Our Team at Ray White Glen Waverley enjoying 100% clearance, selling 3 out of the 3 auctions that were held.
The first half of this year has seen a massive rise of activity in the market, with buyer’s confidence returning due to lowered interest rates and the government’s first home owner ‘boosts’.
A much brighter outlook than that of the last quarter in 2008, where global economic uncertainty stalled the property sector.
– Ray White Glen Waverley