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Well, with the busy school holiday season over, Mildura settles into our steady autumn mode, with sunny days, chilly starts and a property market still showing resilience. Low stock levels, combining with very low vacancy rates are keeping our residential sales market steady and we don't this changing anytime soon. Properties that are correctly priced are selling within the first 3-4 weeks with strong prices being achieved and we are seeing a steady flow of new locals moving here after selling their homes outside the region. While it is taking a little longer at times to achieve excellent prices, we are still seeing strong prices across most sections of the local residential market. With interest rates remaining steady, our market should remain strong so if you are considering selling in the next 3-6 months, now is the perfect time to arrange for a property market update. May and June are also typically the time many investors review their property portfolios performance so if you need an accurate updated market appraisal for your home or local property investments feel to call our office anytime.
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