In summary another active quarter which saw a good response to all properties in all price ranges. There was particularly strong enquiry from investors in the sub $700,000 price range.
- We had 395 buyer inspections, 210 offers made resulting in 42 exchanged contracts.
- $3,146,000 highest price$357,500 lowest price for a two-bedroom unit in East Dubbo
- The average days on market was 37 days.
- Highlight standout sales were 129-131 Bourke St and 87 Brisbane St selling at auction in April.
There were also a number of properties sold off market and prior to marketing.
The most sought-after property, attracting over 51 groups to inspect was 31 Nancarrow St a well-presented family home in central marketed by Jen McGrath and myself.
Cotality are now reporting that Dubbo’s median house price is $558,000, a milestone to break through the $550,000 barrier.
– Jane Donald
