Ray White Willoughby

What’s happening in our market? Welcome to your Summer Property Report. To follow are some key facts to help guide your real estate decisions. Willoughby and its surrounding suburbs continue to show strong growth in property prices and the past quarter has been no exception. The median sales price for houses inWilloughby for the last quarter was $2,420,000 based on 17 home sales. Compared to five years ago, the median house sales price for houses has increased 97%which equates to a compound annual growth rate of 14%. The most active buyers continue to be upgrading families and investors but buyers from out of the area can account for up to 40% of a typical campaign’s enquiry. The Best In The Business As Australasia’s largest real estate group, Ray White has again taken out the top industry accolade for Major Network of the Year at the 2017 Real Estate Business Awards. So with Ray White on your side, you can be confident you’ve got the best people working for you. Call us today to find out howmuch your property might be worth in the current market. Rawa Norman Director/Principal, RayWhiteWilloughby