State of the Market

According to Stephen Nicholls of the SMH, Sydney's property market has suddenly caught a cold! Auction clearance rates in the past two weeks have been down, and agents report fewer visitors to open houses.
However Ray White Beecroft sold 30 Lyndon Way at auction on Saturday,

and 14A The Crescent was sold prior to auction the night before after some fast footwork by Peter Raco.

Even more incredible we had 45 groups through a new listing at 15 Wandeen Avenue Beecroft, a beautiful old house that was due to go to auction on 12 June. However we have 14 contracts out on the property so Douglas is thinking of bringing the auction forward a week.

Should be an interesting auction!