Clearance Rates ABOVE 70%

28 May

Many factors can immediately impact the property market..

Governments change their minds. Every move they make changes the way the property game unfolds. It creates winners, losers and opportunity for others.

Stamp Duty Grants, concessions and schemese for 1st home buyers and single parents, Stampy Duty reform in NSW could filter down to other states.. In New Zealand the change to Loan to Sale Ratio's could pave the way for APRA considering to lower the barrier to loan assessment rates, which will immediately increase many potential buyers borrowing capacity overnight..

Governments rarely focus on supply, instead play with demand through all the above incentives, schemes, grants and discounts. Even in a time of a housing affordability or rental crisis, there's active encouragement for investors to sell..

All the above factors, combined with interest rates just about at the height of where they will likely go, property prices looking like they've just passed the bottom of the current market cycle and starting to improve plus the COMBINED Capital City Auction Clearance Rate surging past 70%, all indicate we are likely past the hump and worst of it, given at this same time last year they sat at 60% or below.. All these great insights provide an opportunity for you to make the most of the situation and get into the market sooner and ride the next wave of growth.

For more detailed insights as to the capital city clearance rates and the area's that are more relevant to you. Catch the FULL ARTICLE here or CLICK the image below..

Could this be your time to get back into the property market or increase your portfolio..

This Week C+M Also COVERS:

Auction CLEARNACE Rates Surge..
C+M Market Activity & Clearance Rates..
Get your INSTANT Property Price Online.?
Your Suburbs SOLD Results..
Quote of the Week..

C+M Market Activity Past 7 DAYS..

The week's PRE-MARKET and YET to be Photographed homes:

56A Hubert Ave, Glenroy: Separate Tiltle, Freestanding Townhome, Coming Soon..
10-12 Dacelo Ave, Broadmeadows: Double Block - Ideal Development, Coming Soon..
2/28 Stanley St, Glenroy: Townhome In Popular Area, Coming Soon..
149A View St, Glenroy: Single Level Unit, Coming Soon..
40 Bamburgh St, Jacana: Large Allotment, Coming Soon..

The week's NEWEST home to market at C+M Residential:

46 Harold St, Glenroy: Large Family Updated Home: $900k - $990k
4/20 Quick St, Pascoe Vale: Large Townhome with Double Garage: $765k - $835k
11/15-17 Narissa Gr, Oak Park: Stylish Townhome: $545k - $595k

The week's local SOLD results at C+M Residential:

2/112 Daley St, Glenroy: SOLD @ Private Sale: $521,000
637 Bell St, Pascoe Vale South: SOLD @ Private Sale: Contact Agent
3/59-61 Isla Ave, Glenroy: SOLD @ Private Sale: $732,500
1/17 Bindi St, Glenroy: SOLD @ Private Sale: $705,000
2/466 Bell St, Pascoe Vale South: SOLD @ Private Sale: $745,000

Get Your INSTANT Property Price.?

Like to know your INSTANT Property Price estimate online. Request yours now by simply CLICKING the IMAGE below or this LINK HERE.

*If you would prefer to BOOK in a more accurate Property Price Check in person with one of our team, you can request this as well.

Auction STATS:
20th May '23

*preliminary results based on Sundays data from realestate.com.au

  
    STATISTIC
    DATE
    No. or %    
  

    Results Available
    This Week
    733
  

    SOLD @ Auction
    This Week
    354
  

    SOLD Prior
    This Week
    159
  

    Clearance Rate
    This Week
    71%
  

    SOLD after Auction
    This Week
    5
  

    Withdrawn
    This Week
    81
  

    Total Scheduled
    This Week
    949
  

    PASSED IN
    This Week
    134
  

Your suburbs SOLD results:

Looking For A Fresh Opportunity..

C+M is looking for career driven team players to join our passionate Sales Team to create a better future. You can APPLY NOW by CLICKING HERE or the IMAGE below.. :-)