Auction turnout in Sydney’s Northwest defies expectations
An unprecedented 1200-plus people turned up for an auction of three land lots in Oakville as Castle Group and Freecity launched its $200-million River Oaks development.
Strong buyer demand for Castle Group’s $150m Park Avenue development
The story of the Rouse Hill property market is one of resilience. With the cash rate beginning its climb in June 2022, talk was rife of double-digit declines in houses prices through to the end of 2023.
Castle Group predicts property price lift for 2023
According to data from CoreLogic, prices in Sydney increased by 1.5 per cent for March 2023. On top of that, the Commonwealth Bank is predicting interest rate cuts from October 2023. The other big banks have a similar outlook of declining rates from early 2024.