Graham Bennett of Ray White Freshwater said, “Normally 70 per cent of our buyers come from within a 5km radius,” he said. “But out-of-area buyers are seeing value in our suburbs and it has all changed.”
The data was collected from May 2014 to May 2015 and examined how much the listed property price fell during that time on average.
The prestigious Northern Beaches suburbs of Mona Vale and Avalon showed an average drop of properties sold via private treaty falling at 6.7% and 6.6% respectively. Continue reading “Price Discounting On Northern Beaches Properties”