Beautiful Woman Wearing New Long Sleeved White Carpet That Holds House Symbol Dollar Bills Blue Trading Min

๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—š๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ

Capital city property owners are feeling increasingly confident, with vendor discounting continuing to decline.

In the July quarter, capital city vendors offered a median 3.5% discount on their final selling price compared to the original asking price, according to CoreLogic. That compares to 3.9% in April and 4.4% in September 2022 (the recent peak).

A reduction in discounting reflects an increase in vendor negotiating power and a strengthening in market conditions.

As always, conditions differ from city to city:

* Perth = 2.7% median vendor discount in the July quarter
* Brisbane = 3.3%
* Sydney = 3.4%
* Canberra = 3.4%
* Melbourne = 3.6%
* Adelaide = 4.0%
* Darwin = 4.9%
* Hobart = 5.4%

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.

extraMile by Dapth