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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
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Now is the best time to sell: Harcourts

By Staff Reporter
03 September 2009 | 1 minute read

Harcourts International is encouraging Australians that are thinking of selling to do so now while demand and prices are high.

According to the company’s managing director Mike Green, there are various indications that the lull in the property market has well and truly ended, with buyer activity, enquiries and confidence all improving over recent months.

“Many would-be sellers were advised six months to a year ago that they should hold onto their home if they could, and ride out the global financial crises, to avoid receiving a lower price or having their property sit on the market for months on end with very little interest,” Mr Green said.

“Now the situation has changed, rather quickly, and the fewer properties that are on the market are often receiving multiple offers with some selling over the asking price.”

Mr Green said with house prices on the rise now is the best time to sell.

Statistics from RP Data showed Australian home values had risen by 0.9 per cent in July, bringing total capital growth for 2009 to 5.9 per cent.

Sydney home values have increased by 6.6 percent during the first half of 2009, Melbourne has recorded an 8.5 per cent increase and Brisbane 3.5 per cent.

Now is the best time to sell: Harcourts
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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.