monthly rental collection for landlords

14/02/2013

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what’s the Wagga market doing in 2013?

14/02/2013
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Fitzpatricks Real Estate Wagga Wagga

  • sales activity has increased compared to this time last year. Whilst there are still over 1,000 properties for sale in the Wagga Wagga area (according to realestate.com.au) sales volume has almost doubled compared to January 2012 (as compared with Fitzpatricks Real Estate results in 2013)
  • the number of buyers at open inspections has also increased from an average of 2.8 for the 2011-2012 year to an average of 4.8 in the 2012-2013 year
  • properties are experiencing lower days on market and turnover has increased
  • a number of properties have had multiple interested parties putting forward offers on the same property. This shows you need to act quick, and put your best offer forward to avoid disappointment
  • Fitzpatricks Real Estate have experienced strong sales throughout January and February

Information courtesy of Adam Drummond , to read the full article please visit his blog http://www.adamdrummond.com.au/whats-the-wagga-market-doing-in-2013/