Sydney prices increasing

According to RP Data "The nation's largest real estate market Sydney, is continuing to show improvements after three years of depressed prices.

Overall price growth for houses and units is now at 7.4 per cent per annum; this time last year the growth rate was just 0.4 per cent.

The number of houses being listed in the market is up by 24 per cent on the same period last year, suggesting the vendor confidence may be returning to the market."

In the inner areas, more and more properties and being sold via the Auction process, which is best suited to high demand situations.  Good properties are moving fast and we are having to prepare our clients for a speedy transaction when the right property presents itself.

It is only the beginning of this growth cycle.....