Ray White ramps up Victoria presence

An unprecedented sales surge over the past year has been a key driver behind Ray White Real Estate's Victorian expansion.

Ray White Victorian general manager Marcus Williams said new offices were being opened in Melbourne as well as regional Victoria to keep up with demand.

“We were breaking sales records almost every month during 2009 and we had our best ever result for December,” Mr Williams said.

“No one could have predicted this position 12 months previously as we entered the year shrouded in uncertainty about the economic outlook.

“But after a cautious start, demand for property, particularly in Melbourne, strengthened to a point where sales exceeded results achieved in the boom year of 2006.

“These results have given us great confidence for the year ahead even though interest rates are on their way back up from near record lows.”

Mr Williams said Ray White would be opening new offices in St Kilda, Corio, Port Melbourne and St Albans.

“Existing branches at Epping, Mooroolbark and Mordialloc have been upgraded to outstanding new premises as their businesses grow,” he said.

“We have also reinstated another office at Mitcham with a new team due to the demand there.”

An unprecedented sales surge over the past year has been a key driver behind Ray White Real Estate's Victorian expansion.

Ray White Victorian general manager Marcus Williams said new offices were being opened in Melbourne as well as regional Victoria to keep up with demand.

“We were breaking sales records almost every month during 2009 and we had our best ever result for December,” Mr Williams said.

“No one could have predicted this position 12 months previously as we entered the year shrouded in uncertainty about the economic outlook.

“But after a cautious start, demand for property, particularly in Melbourne, strengthened to a point where sales exceeded results achieved in the boom year of 2006.

“These results have given us great confidence for the year ahead even though interest rates are on their way back up from near record lows.”

Mr Williams said Ray White would be opening new offices in St Kilda, Corio, Port Melbourne and St Albans.

“Existing branches at Epping, Mooroolbark and Mordialloc have been upgraded to outstanding new premises as their businesses grow,” he said.

“We have also reinstated another office at Mitcham with a new team due to the demand there.”

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