May 2016 Market Update

Graeme: Hi and welcome to the Prudential Real Estate May monthly wrap­up. Today I’m joined by the Prudential team to bring you all the latest real estate news. What’s new Nick?
Nick: Interest rates
Graeme: Let’s cross to Natasha for her comments on the number and quality of buyers attending our open homes.
Natasha: Thanks guys.
Natasha: We have seen a significant increase in foot traffic at open homes in the past few months, this was evident at 3 Lemon Tree Crescent, Minto, a well­maintained, beautifully presented 3 bedroom home which saw 24 groups inspect the property, selling for $556,500!
The quality of buyers we are experiencing right now is fantastic, driving competition and achieving great prices for our clients. For example, 13 Carpenter Street, Elderslie which sold for $662,000 within the first week from our VIP database.
Natasha: Now it’s back to you Graeme.
Graeme: Thanks Natasha. Let’s now cross for Wayne to hear more about the great new listings coming onto the market.
Wayne: Thanks Graeme.
In light of the interest rate cut we recommend that buyers take full advantage of the current market conditions and take a look at the outstanding opportunities at:
­ 10 Cedric Street, Macquarie Fields, on a large 714 sq. m block with development potential (STCA) this neat and tidy 4 bedroom, 2 bathroom home ideally located to all amenities is a golden opportunity awaiting you!
­ 49 Mount Sugar Loaf Drive, Glen Alpine a pristine, open­ plan home with 6 bedrooms and two separately accessed flats along with 5 bathrooms. The ultimate investment or large family home this opportunity is not to be missed!
Wayne: Now back to you Graeme.
Graeme: Thanks Wayne for that excellent advice.
Graeme: From our team at Prudential Real Estate we would like to thank you for tuning into the Prudential Real Estate May Market Update for 2016. We hope to see you out and about at this weekend’s open homes!

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