Keb Nguyen - Ray White

19/12/2023

| WE HAVE A NEW RECORD! FINAL TALLY 653 GIFTS |

On behalf of the whole team at Ray White Reservoir, we would like to thank all our clients and local businesses who donated to our Little Ray of Giving campaign.

Thanks to your contribution, we have collected
OUR BIGGEST TOTAL YET OF...653 PRESENTS

With your help, these gifts will go toward children and families who would otherwise go without this Christmas with thanks to the Salvation Army Preston.

A huge thank you to our local supporters, schools and businesses that helped make this possible this year including: Kingsbury Primary School, .cafe the Pointer People, , Expert Quality Floors & Sacred Heart Primary School, as well as all our amazing clients who made a donation or popped in to see us with a present.

Everybody deserves to smile this Christmas and thanks to your help we are making that happen.

                                                       

09/10/2023

| WEEKEND WRAP | 
Buyers were out in force looking for their dream home, as our Ray White Network saw 4.3 registered bidders and 2.8 active. The day achieved a preliminary national clearance rate of 72%

Auction volumes were back up this week after a short pause last weekend for Grand Final Day, and our three offices saw some great results with buyers keen to be back in action. A big congratulations to our new owners and vendors of 8 Elinda Place, Reservoir selling under the hammer for $365,000.

                          

28/08/2023

| WEEKEND WRAP |
Saturday's auction action around the country did not disappoint in the lead up to the spring selling season. Buyers were out in force, with 4.5 average registered bidders and 3 active at auctions, resulting in a national preliminary clearance rate of 76%.

Auction numbers are on the rise as we enter the spring season next weekend, with plenty of results this Saturday. The brand new three bedroom townhouse at 1/9 Elsey Road, Reservoir also sent two buyers into a bidding war, collecting $787,000 under the hammer.

                   

03/05/2023

Always great to step away from the office and enjoy a lunch with my team.

01/05/2023

| WEEKEND WRAP |
Saturday’s auction action showed buyer sentiment remains strong after recording a national clearance rate of 75% for the Ray White Network, with 5.1 registered bidders and 3.3 active bidders attending auctions. On average, sellers who sold at auction instead of taking a prior offer netted nearly 14% more on their sale price.

According to realestate.com.au, Victoria had the strongest auction clearance rate in the country at 68% for the week ending 30 April with Ray White Victoria having had one of its best performing weeks so far this year with an auction day clearance rate of 73.3% from 190 scheduled auctions.

Buyer activity also peaked at 3.2 active bidders on average, with nearly 90% of all auctions conducted receiving bids. All indicators are showing very positive signs for the market, as a reduction in listing numbers is being met by an increasing buyer pool.

The three bedroom home at 8 Hazel Avenue, Thomastown was the big drawcard for the week with 5 active bidders on auction day raising their paddles for a final result of $691,000.

12/04/2023

New listing coming soon 👀👀

30/03/2023

Coming soon 👀
Get ready for this stunner at 49 Ancona Drive, Mill Park hitting the market soon!

22/03/2023

| RAY WHITE NOW |
We're proud to bring you the latest edition of Ray White Now, where we explore the state of the states - capital cities. We're looking at places with the biggest and smallest declines in the market, as well as look at retail and industrial assets in the commercial space.
Click the link below to read this month's report: https://joom.ag/zY6d

Joomag digital interactive publication

13/03/2023

| WEEKEND WRAP |
Despite a dip in auction numbers across the state with just 272 scheduled auctions this weekend,
buyers were still finding plenty of reasons to bid with a 70% clearance rate in Victoria.

Across the country, there was an average of 4.3 registered bidders and three active bidders attending Ray White auctions. Sellers were also rewarded today, netting over 10% more on average if they sold under the hammer versus taking a prior offer.

Our auction at 71 Winter Crescent, Reservoir followed the same pattern, with an amazing 8 bidders raising their paddles with a final result of $768,000.

24/02/2023

Find out how a Ray White Career could work for you at Ray White Reservoir’s complimentary Careers Seminar.

Hosted by Director of Ray White Reservoir & Ray White Preston, Arthur Mitsinikos, you will have the opportunity to openly discuss all aspects of the real estate industry, help assess your suitability, and explore your career options with the national market leader, Ray White.

Join us on Wednesday March 15 at 6-7pm at 286 Broadway, Reservoir.

Please email [email protected] to register your interest and kickstart your career in real estate.

20/02/2023

| WEEKEND WRAP |

The clearance rate for Victoria and Tasmania office in the Ray White Network was 74.5% from 131 scheduled auctions this week, the highest clearance rate since the week ending 17 April 2022, where it was 80.9% from 182 scheduled auctions.  Bidder activity jumped to 3.0 on average across the network, with 4.4 buyers identified as either in attendance or registered. Again, these are the highest buyer / bidder numbers since April last year. 

As auction numbers crept to their highest point so far this year, we saw some fantastic results under the hammer for our two offices with plenty of bidding activity.   First home buyers and investors  flocked to the three bedroom unit at 1/53 North Road, Reservoir, offering a bright and stylish floorplan on the Oakhill Estate fringe. Two bidders battling it out as the property sold under the hammer for $630,000.

A big congratulations to our successful vendors and purchasers this weekend!