Portrait Handsome Man Suit Searching Home Holding Paper House Looking Upper Right Corner Dreamy Standing White Background Min

๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ถ๐˜๐˜† ๐—ฉ๐—ฒ๐—ป๐—ฑ๐—ผ๐—ฟ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ถ๐—ป๐—ด ๐—™๐—ฎ๐—น๐—น๐˜€ ๐˜๐—ผ ๐Ÿฏ.๐Ÿฐ%

Property market conditions continue to move towards sellers in the capital cities, with vendor discounting falling further, according to CoreLogic.

In the August quarter, capital city vendors offered a median 3.4% discount on their final selling price compared to the original asking price. By contrast, discounting was at 3.8% the quarter before and 4.2% the year before.

Looking at the individual capital cities, vendor discounting in the August quarter was:

* Brisbane = 3.1%
* Sydney = 3.2%
* Canberra = 3.5%
* Melbourne = 3.7%
* Adelaide = 4.0%
* Darwin = 5.3%
* Hobart = 5.3%

A reduction in vendor discounting means homeowners are finding it easier to sell properties,
and that the market is turning in their favour.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge.
Weโ€™ll take the time to get to know you and your unique situation and speak in a language
you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

View All
extraMile by Dapth