July Weekly Market Snapshot #4

If you thought last weekend's auction clearance results were fantastic, this weekend's clearance rate for Sydney property was even better - reaching a comforting high of 81.4 per cent.

There were 206 homes sold throughout the New South Wales capital this past weekend, according to statistics released by the Australian Property Monitors.

A three bedroom house in Balmain sold last weekend for a whopping $1,285,000 - a fantastic price for Inner West real estate in Sydney.

Two properties in Rozelle also went under the hammer, with each selling in for over $1,000,000 - one reaching $1,010,000 and the other skyrocketing to $1,535,000.

Furthermore, a piece of Leichhardt real estate sold on Skelton Street for $1,170,000, which rounds out the auction clearance results in Sydney's Inner West real estate market this weekend.

These results come after the Australian Bureau of Statistics announcement last week that there was a record $3.9 billion for residential investor loans approved during May in the state.

If you're looking to sell your Inner West Sydney real estate, get in contact with the team at Coopers Agency.

Their experience and expertise in the local area can help you to achieve the best possible sale result for your property, as well as providing sound advice throughout in order to give you the peace of mind that comes from professional real estate guide. 

Furthermore, those looking to purchase property in the Inner West will be in good hands with one of our real estate agents.

Regardless of whether you're looking for the next investment property to add to your portfolio, or the perfect home to raise your family in, our knowledge of historical trends, current hotspots and future market predictions can help you to make a secure investment.