Last week the Reserve Bank kept the official cash rate at its historic low of 1.5 per cent for the 13th consecutive month.
And despite some lenders tweaking their own rates for borrowers, the cash rate is tipped to remain at record lows for some time and property markets to remain reasonably buoyant. “Coupled with steady employment levels, this is good news for the property market on the whole” says Craig Pontey, Director Ray White Double Bay.
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
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