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November Market Update

25 Nov 2013 Ermington 0 Comment

Spring is here and across Australia, low interest rates and a return of confidence have sparked renewed interest in residential property. November has proved to be a strong month sales wise, with 15 deposits taken so far and 3 cracking Auction results.

16 Primrose Avenue, Rydalmere – sold for $1,040,000! With 9 buyers registered to bid, the huge 7 bedroom home sold for $50,000 above reserve.

21 Fitzgerald Road, Ermington – sold for $1,011,000! The location, land size and development potential saw this original fibro home sell well above expectations. The property sold for $131,000 above reserve, with a total of 23 registered bidders.

8 Arrunga Street, Dundas – sold for $825,000! Strong competition from the 26 registered bidders saw the property sell for $75,000 above reserve price.

The incredibly low interest rates and the ever increasing popularity of our area is pushing prices up and up! Amazing time to be selling real estate in Ermington / Rydalmere / Dundas / Dundas Valley / Telopea right now.

SOLD Template    SOLD    SOLD

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