Ray White Lane Cove

The Sydney property market remains resilient. With interest rates at all-time lows and with banks being supportive of purchasers, we are seeing many buyers wanting to take advantage of these factors. Obtaining secure credit on excellent terms while they are available is certainly influencing demand. Over the past three months, supply has been low and we have seen consistent and strong buyer activity. Put simply, there were more buyers competing over fewer properties creating conditions that lean towards our sellers obtaining an advantage on achieving outstanding results. While we are continually reminded of the risks of the pandemic, we know that the market will remain very active whatever happens. Our customers will always need to buy, sell, rent and lease property, and the past few months irrefutably proves this. Our role is to be relentless in serving this market and staying focused on giving our customers the best possible solutions. RayWhite have sold an incredible $44.2 billion worth of property across the network in 2019-20, up 8.6 per cent on the prior year. Are you interested in understanding the value of your property or considering renovations? It makes sense to get a professional opinion. Contact Pearl Todd on 0410 470 107 today. Pearl Todd Senior Sales Executive / B.Comm / LREA / Licenced Auctioneer What’s happening in our market?