Markets Stabilising
Hi and welcome to the end of another week, with what looks like the END of this run of rainy weather for the next 7 days.. BRING on the SUNSHINE we say..
Today we turn our ATTN to some of the first real statistacal and data driven signs that most of Australia's Capital City property markets are starting to stabilise, with some still showing small slow downs in softening and other area's starting to show signs of growth. This is the point being reached where buyers and sellers are finally arriving and meeting at the same place. We call this the first Green Shoots of an even/balanced market returning..
Nationally prices were only down -0.6% for the month of October (*data from PropTrack). Sydney, Hobart and Canberra all still showed marginal drops ranging from -0.21% to -0.46%. Whilst Melbourne, Darwin, Adelaide & Perth recorded the first slight increases of +0.02% to +0.11% respectively. Now this may not sound like much initially, remember however the Property Market is all about momentum and consumer confidence, with a CLEAR message from the 'Reserve Bank of Australia' of a slow down and smaller increment of rate rises ahead, it is clear sign that the LIGHT at the end of the TUNNEL is now in sight..
Catch the FULL ARTICLE by Shannon Molloy simply by CLICKING HERE or HIT the IMAGE below..
The week's PRE-MARKET and YET to be Photographed homes:
8/558 Moreland Rd, Brunswick West: LOW-maintenance Lifestyle, Off Market..
2/21 Bouchier St,Glenroy: TOWNHOME in Sought After Area, Coming Soon..
4/61 Northumberland Rd, Pascoe Vale: CUTE As A Button, Coming Soon
17 Lock St, Fawkner: 25m FRONTAGE, Coming Soon..
7 George St, Glenroy: PRETTY As A Picture, Coming Soon..
73 Farview St, Glenroy: LARGE Allotment, Coming Soon..
The week's NEWEST home to market at C+M Residential:
3-5 Liza Crt, Glenroy: 5 Bed, 4 bath, 5 Car, Pool House, PLUS More: By Apt Only
28 Major Rd, Fawkner: LARGE Family Home, Coming Soon..
1/70 Hilda St, Glenroy: STREET Facing Home, Coming Soon..
25 Hilda St, Glenroy: 3 Bed, 1 Bath, 2 Car, Updated Home: $595k - $645k
24B Leonard St, Glenroy: FOUR-Bed, Street Fronter, Coming Soon..
59 Pecham St, Glenroy: LARGE Allotment, Coming Soon..
The week's local SOLD results at C+M Residential:
1/29 Prospect St, Glernoy: SOLD @ Prior to Launching: $570,000
1/83 Maude Ave, Glenroy: SOLD @ Private Sale: $620,000
3/125 South St, Hadfield: SOLD @ Prior to Auction: $531,000
2/160 Widford St, Broadmeadows: SOLD @ Private Sale: $541,000
This Week C+M Also COVERS:
Markets STABILISING..
What's My Property WORTH.?
Clearance Rates & Auction No's#
Your Suburbs SOLD Results
Happy HALLOWEEN..
Book a CURRENT PRICE Check?
Like to BOOK in your PRICE CHECK meeting or discuss planning your options before XMAS..
Well why not.? BOOK in your complimentary ONLINE 'PRICE CHECK' online today.
It's quick and easy. Simply CLICK HERE or HIT the IMAGE below, and follow the 3 easy Steps...
Auction Clearance STATS:
5/11/22
*preliminary results based on REIV results for the past 7 days
Your suburbs SOLD results:
GLENROY
HADFIELD
OAK PARK
PASCOE VALE
PASCOE VALE SOUTH
FAWKNER
BROADMEADOWS
COBURG NORTH
What Will $3 Mill GET You.?
Curious to SEE what a lazy $3 Million can get you these days.. Well prepared to be BLOWN away.. Meet 3-5 Liza Court...
CLICK HERE to view Video
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CLICK HERE to BOOK a viewing
Unmistakably Yours - The Claudio Cuomo Team
Claudio and team,
Need more specific information relating to your property? Or have property related questions..?
Just call the Claudio Cuomo Team - 'Your Area Specialist' and local friends in real estate.
Claudio Cuomo
Area Specialist & Auctioneer
M: 0419 315 396
P: (03) 8781 3823
E: claudio.cuomo@eview.com.au
W: claudiomarwan.eview.com.au
Sales Office: 25-27 Pascoe Street, Pascoce Vale VIC 3044
Rentals Office: 33 Pascoe Street, Pascoce Vale VIC 3044
