With stock levels low throughout April, Ray White AKG took more than 35 properties to Auction with 25 properties being presented to the market at its penultimate Auction Avenue.
The AKG team comprising Ray White Brookwater, Greater Springfield, Daisy Hill and Marsden presented properties from Greater Springfield to Brisbane City and through Logan and Coomera.
Ray White AKG Principal Avi Khan commented that investor confidence in the Brisbane market has been strong not only for buying investors but also for selling investors. This is really spurring market movement alongside first home buyers searching in more affordable markets. Market sentiment remains high with expectations surrounding interest rate reductions still on the cards, likely to result in greater activity in May and beyond!
AKG Auctions attracted over 230 bidders resulting in a clearance rate of 78%.
Ray White AKG listing agent Emma Walter (pictured above) said the events attracted interest from buyers as far as New Zealand. As clearance rates remain elevated, so too will bidder activity. With the underlying need for housing remaining high, and the mismatch between listing numbers, new house construction and population keeping demand elevated, we expect to see greater competition surrounding auctions.
Renting a flat in Sydney is a major decision that comes with its own set of benefits and challenges. With its stunning harbour, world-class amenities, and vibrant culture, Sydney is an attractive city for many. However, before you sign a lease, it’s important to weigh up the pros and cons. … Read more
Sydney is a bustling, vibrant city offering a wide variety of rental options, from charming coastal apartments to trendy inner-city flats. However, navigating the competitive rental market in Sydney can be overwhelming. This guide provides insider tips on how to find and secure your dream apartment in one of Australia’s most sought-after cities.