Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

What has changed?

Current sales activity is at the highest level in our area that we have seen for quite some time. The past eight weeks has seen many sales with many more negotiations being concluded at the moment.

This surge of activity is reflected in Melbourne’s property market which last weekend overtook Sydney for the first time this year as low stock levels and interest rates spurred buyers to action.

Sydney posted an auction clearance rate of 79% from 310 results, according to data from Australian Property Monitors. Melbourne turned in its best performance since the last boom of 2010 with an 82% clearance rate from 573 results, according to the Real Estate Institute of Victoria. This result is a huge improvement on last year when the same weekend yielded 57%.

James.jpg

James Worssam

0418 585 815

james@greatoceanroadrealestate.com.au

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