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Community Trends – May 2012

21 Jul 2011 Yarra Junction 0 Comment

Our most recent update on the local Upper Yarra Valley market is showing just how strong the Real Estate marketing in our area still is.

Along with the rest of Australia, we have had slight softening on the market in the past 12 months, however as our statistics show (see attached document) it has certainly not been to any great degree with median house prices staying reasonably stable throughout 2011.

We are now heading into our winter months, which are traditionally seen as a slow time in Real Estate. As the below graph shows however, this is not correct.

Listings and Sales throughout 2011 were reasonably stable throughout the entire year. This means that there is not a preferred time of year to list or buy real estate in the Upper Yarra Valley.

The attached Upper Yarra Valley Real Estate Market Report details all reported house sales in our area from 1 July 2011 through 30 April 2012, along with details of median house prices & number of sales in each area.

The information herein is to be used as an information guide only, every care has been taken in its preparation and does not constitute representation by the owners or agents. All details in this guide were sourced from various websites including RPData, Pdol, REIV, realestate.com.au, Yarra Valley Valuations and our own data. Some sales may not have been reported and therefore not available for this guide. The details provide a guide to market activity and we do not claim to be the selling agent in all these transactions. To protect the privacy of the vendors and purchaser the exact address has not been published. Please contact your agent if you would like more information on a particular property or your own area. These statistics have been calculated from the guide and some recent sales data may not as yet be available to publish in these statistics.

 



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