HOW Has Your Suburb Performed In The Last 10 YEARS.?

23 Apr

What a GREAT question this is..

How has your SUBURB performed in the LAST 10 Years.? Well with 4 top 4 property TRENDS you need to KNOW right now being:

The downward trend has reversed in March'23. The 1st time this has occured within the past year. With the cumulative increase in 2023, now +0.49%
The limited supply of housing has in fact been one of the main drivers in this small but important upturn we are currently experiencing. Far lower listing volumes, has offset the weaker buyer demand in the past 12 months
It's still too early to officially call the end to the downturn, however with the 1st pause in interest rates seen this month for the 1st time in 12 months, the signs are positive
Prices still continue to hold post pandemic, natioanlly prices are still 29.9% higher above their pre-pandemic levels. So although the past 12 months has seen a quick drop off. So long as you've been in your home for at least 3-4 years, you're still in a far better off position that pre-pandemic times

So what a timely opportunity to check how your SUBURB has performed over the past 10 years. To CHECK your SUBURB value's performance for Houses or Units using the REA interactive Surburb Insights tool. Simply CLICK HERE and enter your suburb and select either Houses or Units to check. You may be quite surprised.. or you CLICK the IMAGE below..

This Week C+M Also COVERS:

How Has Your SUBURB Performed..
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:

2/112 Daley St, Glenroy: Nest or Invest Townhome, Coming Soon..
3/156 Melbourne Ave,Glenroy: Cute as a Button, Coming Soon..
35 Evell St, Glenroy: Brick Family Home, Coming Soon..

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

13 John St, Oak Park: Old Charmer Family Home: $955k - $1.050m
16 Hamilton St, Broadmeadows: Large Brick Family Home:545k - $595k
3/178 Glenroy Rd, Glenroy: Reverse Living In The Heart Of It All: $445k - $485k
57 Domain St, Hadfield: Neat Family Home: $700k - $750k
1-3/17 Bindi St, Glenroy: Not One But Three: Contact Agent

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

3 Golf Links Rd, Oak Park: SOLD @ Private Sale: $906,600
44A Queens Pde, Fawkner: SOLD @ Private Sale: $742,000
3/20 Quick St, Pascoe Vale: SOLD @ Private Sale: $845,000
1/10 Valdoone Crt, Oak Park: SOLD @ Private Sale: $900,000
8/23 Watt Ave, Oak Park: SOLD @ Private Sale: $685,000
3/44 Valencia St, Glenroy: SOLD @ Private Sale: $690,000
3/178 Glenroy Rd, Glenroy: SOLD @ Private Sale: $485,000

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:
8th April '23

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

  
    STATISTIC
    DATE
    No. or %    
  

    Results Available
    This Week
    556
  

    SOLD @ Auction
    This Week
    302
  

    SOLD Prior
    This Week
    75
  

    Clearance Rate
    This Week
    69%
  

    SOLD after Auction
    This Week
    4
  

    Withdrawn
    This Week
    57
  

    Total Scheduled
    This Week
    699
  

    PASSED IN
    This Week
    118
  