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Sydney prosperity unwavering – Buyer frenzy continues with record sales

Posted in: Property News. Tagged: Mark Rolton, sydney, sydney property market. Posted on: 05/15/15

There’s no end in sight to the incredible prosperity of the Sydney property market.

In recent times we’ve seen the boom reach new heights with auction clearance rates rising to the highest levels ever recorded. Buyers have been swarming to auctions across the city with Core Logic RP Data figures recording a record week recently with 88.3 per cent of 950 auctions held over the week sold.

This staggering result represented the tenth consecutive week of Sydney’s auction clearance rate above 80 per cent. Read more here

Industry experts are certainly not shy about predicting the long term prospects for Sydney. The newly appointed National President of the Property Institute of Australia, Mark Steinert, said in a recent address that ‘Sydney will have a golden decade’ and that ‘…everything is positive for Sydney, for tourism, food production, health services, education, smart technology and migration.’

With the unwavering prosperity of the Sydney market, it’s crazy not to be a part of it. Contact a Massland Investment Representative to talk more about securing a property in Sydney. Fill in a Financial Snapshot NOW and email it through ASAP to [email protected]

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