What a difference a decade makes
Here is an extract from the 2005 Sydney Property Guide Summary by Philip Mclean The Sun Herald. “Never has it been more important to have the latest information about Sydney real estate at your finger tips.
After years of spectacular price growth, Sydney’s property market slowed last year, making it difficult for home owners and potential buyers to know the true worth of properties. Values are likely to fall further this year.”
Ten years on and there appears to be no brakes on the Sydney property market.
On Saturday we sold 20 Queen Street Beaconsfield at Auction for a record $1.4 Million Dollars, $200,000 over the reserve price. The Auction was so successful it appeared on 7 News on Saturday the 14th March 2015.
This makes the current project we are marketing “Immerse” located on William Street Beaconsfield incredible value and an opportunity to buy at 2015 prices.
The current auction clearance rate of 84% means if you are thinking of selling now could be the best time in the last 10 years.