Monday, June 20, 2011

Burbs Property Sales Update: 18th June

A pretty quiet week with one published sale in the $500k+ in the Burbs and Surrounds (source: Courier Mail). There was one more that I know of - 18 Consort St in Corinda - that didn't make this week's paper.

The number of properties on realestate.com.au in this bracket fell from 644 to 634 but it is difficult to tell how much of this fall was: a) sales b) withdrawals or c) price reductions.

New property continues to come to market but the rate of supply appears to have slowed. School holidays are almost upon us so expect things to go quiet for a while.

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