Who’s got top market share?
The value of property in Medindie has remained consistently high over recent years. In fact, Corelogic data shows that the median house price sits around the $1.25 million mark.
Let’s look at the top market share positions. Fox Real Estate holds the top position with 35 per cent market share. Klemich and Bernard H Booth both share 11 per cent and Toop & Toop round out the top four with 8 per cent market share.
With 85 per cent of residents owner occupiers and 75 per cent of the sales in the past 12 months, achieving more than $1 million, there’s no doubt that Medindie can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Medindie 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
