Marshall White Weekly Real Estate News
Myrtle Street Brighton - Great Sold Price for Golden Mile Home
2012 is unfolding as a year full of opportunities for buying and selling property. Predictions indicate that the market will provide a welcome level playing field for vendors, buyers and investors alike.This week saw a welcome start to the New Year with Fairfax reporting that house prices have taken a positive upward turn for the first time in 2 years with Melbourne recording the countries highest median growth at 1.1%. Andrew Wilson, a senior economist with Australian Property Monitor said the strong growth in house prices, was almost wholly due to large rises at the prestige end of the market.This statistic, coupled with the winding down of school holidays and the return to business as usual, has seen the market gain pace with the addition of 22 new properties commencing campaigns with Marshall White this week.Should you or your family, friends or work colleagues be considering entering the real estate market in the near future, whether buying or selling, we would be delighted to be of assistance to discuss in more detail or if you have any questions about the current market.
