Who’s got top market share?
The value of property in Malvern has increased exponentially over recent years. In fact, PriceFinder data shows that the median house price has increased from around $1.4 million in 2013, to where it sits today at over $2.2 million.
Let’s look at the top market share positions today. Marshall White holds the highest share at 30 per cent. Jellis Craig comes in second position with 18 per cent, followed by Hocking Stuart and RT Edgar both with 7 per cent market share.
With 223 sales in the past 12 months and 60 per cent of properties selling for over $1 million, there’s no doubt that Malvern can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Malvern 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
