Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Latest


Must Read


PM Tech Growth Sales Marketing Industry

Our Events


New Broker Academy 2022

The Adviser’s New Broker Academy aims to equip prospective brokers with the knowledge, skills and mindset to succeed...

LEARN MORE
VIEW ALL
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.

Ray White records solid Victorian sales figures

By Staff Reporter
07 August 2009 | 1 minute read

Ray White yesterday reported a 26 per cent growth in statewide sales in Victoria on the back of strong first home owner activity.

Preliminary residential sales exceeded $310 million for the month of July, according to the company’s Victorian general manager Marcus Williams.

Mr Williams yesterday said Ray White had been breaking sales records in Victoria with more than $1 billion worth of residential real estate sold over the past three months.

“Property sales, particularly in Melbourne, have been strong in recent months and the highly encouraging clearance rate at auctions is because demand is easily outstripping supply,” Mr Williams said.

“The federal government’s expanded first home owners grant scheme and the generous concessions from the Victorian government have generated a massive increase in activity from first time buyers.

“This has reduced stock in the lower and middle end of the market which has a ripple effect through the whole of the sector.”

Ray White records solid Victorian sales figures
default
lawyersweekly logo

Tags:

Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.