Ray White Blog

80% Auction Clearance for May

By Global Administrator 17/06/2011

Ray White Maroubra, South Coogee, Mascot & Rosebery Auction clearance in the month of May was 80%.

Mr Elmowy said “ We are proud to boast our success rates considering Sydney Clearance rates are around 55%. Our team has exceptional results and in particular 623 Anzac Parade, 1 bedroom unit sold for $96,000 over the reserve and 117 Haig Street was $69,999 over the reserve.”  We pride ourselves on the value we give our clients, professional advice and most of all our commitment to delivery results beyond  the vendor expectations                                            .

The total value of sales in May, for our companies, was over $15 million in residential and $9 million in commercial.

Source: Ray White Maroubra | South Coogee | Mascot | Rosebery


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June RBA Rate Announcement

By Global Administrator 09/06/2011

The Reserve Bank has just announced their much anticipated position on the official Cash Rate

If you are looking to purchase or upgrade your current property now is a fantastic time as properties over $1 million are struggling to sell and the ones that are selling are doing so at much reduced prices.

Now is also a great time to have your loans reviewed to see if they can be tweaked or completely overhauled to put you in a better position.

Source: Intelligent FinanceTeam

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