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Suburb spotlight on: Vale Park
Who’s got top market share
There’s no doubt Vale Park is a competitive marketplace. More and more, we’re seeing vendors capitalise on the rising market. In fact, Corelogic data shows that the median house price has increased from $545,000 in 2013, to where it sits today at $682,000.
Let’s look at the top market share positions. LJ Hooker sits in top spot with 18 per cent share, followed by Ouwens Casserly with 15 per cent. Smallacombe Crosby rounds out the top three with 6 per cent market share.
Vale Park suits a strong sales business with 77 per cent of residents owning their own home, and with 58 sales in the past 12 months alone there’s no doubt that Vale Park can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Vale Park 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.