Ray White Warrnambool

What’s happening in our market? 2021 continues with a strong buyer demand driving property prices in an upward direction. There were a total 186 sales in the final quarter of 2020 with an average selling price of $415,000. Our office Auction clearance rate for 2021 currently sits at 75% and our average days on market at 33. With the Reserve Bank slashing interest rates to a historic 0.10%, many borrowers can secure loans or refinance with a home loan rate around 2% p.a., making home ownership more affordable. Which is good news if you’re looking to sell - and with lending so cheap and cash back incentives on offer, motivating if you’re looking to buy. With strong results across the board and Ray White conducting nearly 100% of all auctions in Warrnambool, be sure to see what strategy we can offer you. If you’re thinking about making a fresh start, give us a call. We’d be delighted to arrange a no obligation, contact conscious appraisal of your home at a time to suit you.