10 Mar 2015 By: Greg Hocking 0 Comment
If you’ve been waiting to see how the market shapes up this year, the results are in.
Many property market analysts have noted the knock-on effects of the Reserve Bank’s decision to drop interest rates to 2.25 per cent which has spurred a fresh wave of buyer confidence. With the official cash rate staying unchanged in March, the scene is set for a strong start to the autumn selling season and we’ve got two bumper weekends ahead with scheduled auction numbers surpassing 1000 for the next two consecutive weeks.
More than 3,500 properties have gone under the hammer already in 2015 and the Domain Group reports February’s Super Saturday of more than 1300 auctions delivered a strong clearance rate of 80.5 per cent—and that figure went even higher in certain pockets across the city.
Autumn can be a great time to sell in Melbourne. The weather is still favourable for open for inspections, and gardens and outdoor spaces have lost none of their appeal. Buyers can picture themselves enjoying all the seasonal features your property offers.
Contact us today to get your autumn sales campaign started.