Five bidders fought it out for St Kilda defender Jimmy Webster’s home, with the agent warning that the property market is still strong, but ‘the crazy days are over’.
Winter is coming, but the real estate market should stay hot
Share
National residential real estate listing numbers are expected to stay higher than usual through winter and not suffer the traditional seasonal slump, according to the boss of Australia’s largest agency group.
Dan White, managing director of Ray White Group, said the home appraisal figures – a key indicator upcoming sales – are running at record highs across its national network.
Interior of a terrace in Albert Park, Melbourne, which fetched $7.01 million - or more than $22,000 per sqm - at auction on Saturday.
“There’s nothing we’re seeing that would make us think listing numbers will drop during winter at all,” Mr White said.