Ray White Warrnambool

What’s happening in our market? 2021 continues with a strong buyer demand driving property prices in an upward direction. TheWarrnambool median house price currently sits at $453,000 which is a 14% increase since last year. Our office Auction clearance rate for 2021 sits at 90% with 58 properties sold under the hammer since January. Our average days on market sits at 33 with many properties sold before hitting the market. 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.