Sell with Confidence
Read More
News

High demand for Eastern Suburbs property

By Samantha Krimotat

Just when everyone thought the Sydney property bubble would burst, people are continuing to head down in droves to get their hands on some of Sydney’s most popular and prestigious Eastern Suburbs, so much so that there is not even enough property on the market to satisfy demand! Auction after auction, homes are being snapped up, each selling higher than the last. Week after week, the Eastern Suburbs have led the way in auction clearances nudging 80 to 90 per cent since the residential boom started in 2012.

It’s not unexpected. Homebuyers are increasingly choosing location over size, aiming to buy in areas that offer proximity to jobs and the center, and good schools. Those who want houses and gardens are either paying a major premium to be in the East or going to the outskirts of Sydney, and those who want proximity to jobs are moving into apartments.” Eastern Suburbs are and always will be the place to be says Elliot Placks Director at RWDB.

Up to Date

Latest News

  • Top agency team sells six properties in 10 days amid pandemic

    DESPITE the COVID-19 pandemic, an Associate Director and Sales Executive from the most successful Australian real estate business within the Ray White network has sold six properties totalling more than $15,500,000, in just 10 days. The highlight of the six deals was the $3,500,000-$3,700,000 sale of 1 Shaw Street (pictured above) in … Read more

    Read Full Post

  • Ray White Double Bay returns to auctions with a bang

    IT WAS a chilly night in Sydney but that didn’t stop nine eager bidders from turning out for the hotly contested Ray White Double Bay auction at 113 Victoria Road, Bellevue Hill. Sold by Double Bay Managing Director Elliott Placks and agent Alan Fettes, the four bedroom home went under the … Read more

    Read Full Post