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Sydney cashes in with record property sale times

It has never been a better to cash in on that Sydney property investment. Whether buying or selling there is certainly choice for the picking with Sydney and Melbourne recording significantly low short sale times.

Research done by CoreLogic RP Data in the month of April 2015 unveiled that the average amount of days it takes to sell a home has amounted to an average of 26 days in Sydney and 32 days in Melbourne. This does not include auction results.

In fact, Sydney’s Acacia Gardens, showed results of an average 16 days between the date of listing and the contract date; making it one of the most in demand suburbs in Australia.

According to research analyst, of Cameron Kusher of CoreLogic RP Data; “as home values continue to rise and interest rates remain low, it is reasonable to expect that homes will continue to sell relatively quickly”.

For a chance to get in on an ever evolving and exciting property market, contact us today on 1300 769 166, and learn more of what this means for you!

 

DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.