WBP Property Group executive chairman Greville Pabst expects last weekend’s auction flurry to continue.
“Buyers have responded positively to the uplift of listing as volumes bounce back following an Easter and Anzac Day weekend hiatus,” he said.
“This is a reassuring sign as listings increase further in May before experiencing a seasonal decline in upcoming winter months, and unknown impact to buyer sentiment in the lead up to and following the proposed July 2 election.”
Wakelin Property Advisory associate director Jarrod McCabe predicted the market would remain solid through autumn. “I suspect the autumn market will end on a strong note with plenty of great properties coming up for auction throughout May,” he said.
More than 1070 auctions are scheduled for this weekend.