From Bust to BOOM!

According to this article in PROPERTYNOISE.COM.AU on 3rd September 2019, Sydney and Melbourne property prices SOAR after interest rate cuts and Coalition election win… From bust to BOOM!

  • CoreLogic real estate data shows surge in Sydney and Melbourne median prices
  • Sydney’s median house price rose 1.5 per cent in August for third straight month
  • Melbourne’s equivalent detached home value climbed 1.3 per cent last month
 
From Bust to Boom
Photo: Sydney led the recovery, with median apartment prices surging by 1.8 per cent in August as equivalent house prices rose by 1.5 per cent, CoreLogic data showed (pictured is a Victorian-era cottage at Woollahra in the city’s eastern suburbs)

House and apartment prices in Sydney and Melbourne have climbed for the third month in a row, new data from CoreLogic showed. CoreLogic research director Tim Lawless said record-low interest rates, relaxed lending rules and the re-election of a Coalition government appeared to be working. ‘The significant lift in values over the month aligns with a consistent increase in auction clearance rates and a deeper pool of buyers.

Source: Propertynoise.com.au, 3rd September 2019

Oxmar Properties

Oxmar Properties

Developing LAND across Queensland.

Share the article

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on print
Print

Other Posts

Other Categories
Stay in touch

Sign up for our Newsletter

Oxmar Properties

In these uncertain times, it can be nice to know there are some organisations, some businesses and most importantly; some people who you can truly rely on.

Oxmar Properties is just that, a family business where our hearts and minds are always totally focussed on assisting and working to secure the financial future of those who put their total faith in us.
You can still:

  • Call us, our lines are still open.
  • Or even arrange a video call with one of our Sales Specialists; Cam and Justin.
  • Arrange an inspection on site to tour our land (while practicing social distancing).
  • Discuss with us our “Securing Your Future” packages that are now on offer.

In these unusual times, you can rely on and trust a family brand like Oxmar Properties as we continue to genuinely and sincerely assist you in Securing Your Future in Murrumba Castle Estate.