Who’s got top market share?
The value of property in Frenchs Forest has increased exponentially over recent years. In fact, Corelogic RP data shows that the median house price has increased from around $930,000 in 2013, to where it sits today at $1.5 million.
Let’s look at the top market share positions today. Belle Property holds the highest share at 13 per cent. First National comes in second position with 12 per cent, followed by McGrath with 11 per cent market share.
With 147 sales in the past 12 months and 87 per cent of properties selling for over $1 million, there’s no doubt that Frenchs Forest can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Frenchs Forest is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.
Contact:
Andrew McCulloch | +614 7903 9440
