News

Matt Hurlston of Ray White Carnegie: Auction markets nationwide improve over March

By Matt Hurlston

If you're looking into selling your Bentleigh real estate at some point in the near future, it could be worth considering pursuing an auction. Recent figures from the CoreLogic RP Data blog have highlighted the improving strength of this sales method across Australia's capital cities as more auctions begin popping up nationwide. 

For the week ending 15 March, Melbourne alone was expected to see 1,149 properties go under the hammer. This beats out the 1,085 auctions seen during the same week last year, with around 3 out of every 4 homes anticipated to see a successful sale. 

CoreLogic RP Data head of research Tim Lawless also said in the latest CoreLogic RP Data Home Value Index that clearance rates have surged to the highest levels seen since 2009, with low mortgage rates helping to encourage buyers to enter the market. 

This could be encouraging for property owners in Bentleigh looking to sell their homes in the coming months, especially with Melbourne performing as one of the strongest markets nationwide. 

Matt Hurlston of Ray White Carnegie

Now could be a great time to get in touch with Matt Hurlston at Ray White Carnegie if you're hoping to sell. His knowledge and expertise of the local community can help sellers make the right decisions to secure a great return. 

Up to Date

Latest News

  • Home buyers out in force across Australia

    HOME BUYERS were on the hunt in strong numbers across Australia again today. The Ray White Group, which accounted for 30 per cent of all auction stock this week, today recorded its best week ever by way of registered and active bidders across the country. The group’s data recorded six … Read more

    Read Full Post