Expert insights Buying Record prices for Parramatta and South Wentworthville as Ray White secure 100% February success rate
Record prices for Parramatta and South Wentworthville as Ray White secure 100% February success rate
Jonathan ChancellorMarch 5, 2015
The Ray White Parramatta sales team notched up a strong month for new listings, private treaty sales and a 100% auction clearance rate.
"Auction results will always deliver a clear and measurable reflection of the strength and heat of the market," the office noted.
There were two new suburb records within their results:
- 17 Irving Street, Parramatta: $1,625,000 (pictured above)
- 72 Chelmsford Street, South Wentworthville: $1,325,000
"With interest rates at historical low levels and lack of property on the market, March looks like continuing the current demand and competition for city apartments and family homes in the Parramatta district," it concluded.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
