August Property Market Update

August Property Market Update

Watch Video Here

Experienced agents Daniel & David talk everything Real Estate in Wollongong.

It's good news for buyers and sellers alike, as the Illawarra housing market has seen consistent improvements with consumer confidence growing post election.

This confidence has seen seven units in Wollongong C.B.D sold for over $1m in August alone, with the highest being at $2.1m

Comparing August to January, February and March, open house attendance rates have increased by 25%, with inquiries on properties are 20% higher than previous months.

Surprisingly Sydney auction clearance rates are at a staggering 80%, with just under 300 auctions in August alone.

With these positive results in the market, we are looking forward to seeing what is install for Spring.

Download Spring Selling Guide