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In this report, Dionne Wilson has prepared an overview of all sales & rental transactions at 59-65 Elizabeth St 2009 year along with extra details for forecast for the year ahead.
Melbourne 3000 Apartment Overview Fin Year 2009: Apartment Sales in Melbourne: 1753 Clearance Rate in Melbourne: 79% Average Sale Price in Melbourne: $503,347 SALES RESULTS - Year 2009: 303 & 304/65 Elizabeth St 2 Bed 2 Bath Nov 09 $425,000 RENTAL RESULTS – Year 2009: 305/65 Elizabeth St 1 Bed 1 Bath Dec 09 $400 per week 207/65 Elizabeth St 1 Bed 1 Bath Nov 09 $400 per week 107/65 Elizabeth St 1 Bed 1 Bath Sep 09 $240 per week 402/65 Elizabeth St 1 Bed 1 Bath July 09 $300 per week 106/65 Elizabeth St 1 Bed 1 Bath July 09 $275 per week 304/65 Elizabeth St 1 Bed 1 Bath May 09 $275 per week ?/65 Elizabeth St 1 Bed 1 Bath March 09 $275 Per weekForecast for the 09-10 Financial Year: We envisage that continuing first home owner interest and buying power will keep the market buoyant in Melbourne for the remainder of 2009. Dependant on bank interest rates, we could experience a leveling of the market in 2010 in the pre $500,000 range. Investors could well make a comeback in 2010 once first home owners lose their puff and buying power.
For further information on this, or any other property needs you may have, please contact:
Dionne Wilson Business owner and director– Harcourts City Residential Ph: 03 9664 8100 Mob: 0417 318 705