Many houses in and around Beecroft are in the $700,000 to $1,000,000 bracket, which data from Australian Property Monitors reports shows has grown 4.5% for the first half of this year, rising 1.2% over the June quarter alone. Given an anticipated rate but by the RBA in August, this bodes really well for house sales in the second half of the year.
APM's data shows that prestige prices are down 1.4% over the last six months, and 8% down on a year ago!
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