Weekend Wrap: Nice Weather & Rates Up
Finally, a sunny Saturday and more buyers out and about at open homes in our area. Despite interest rates going up another 0.5% (as predicted) a bunch of sales also went through in the area showing that there still are buyers around. 24 Denmark St...

Finally, a sunny Saturday and more buyers out and about at open homes in our area. Despite interest rates going up another 0.5% (as predicted) a bunch of sales also went through in the area, showing that there still are buyers around.
24 Denmark St, Wombarra $1,400,000 (environmental land) sold by Barbara Wright at Seacliff Property
424 Lawrence Hargrave Drive, Thirroul $1,150,000 sold by Ron Kissell at Ray White Helensburgh (initial price guide $1,450,000)
24 The Crescent, Helensburgh $1,330,000 sold by Ron Kissell at Ray White Helensburgh
43 Halls Road, Helensburgh $1,300,000 sold by Elle Ritson at Ray White Helensburgh
A few of these properties took longer than usual to sell and the eventual selling price was lower than initial guides. There are early signs of a market in decline and with the number of properties currently still for sale in the area there will be more pressure on prices yet to come.