cooley auctions: Spring is the peak selling season for the Sydney market, and while more properties will be up for sale there are also fewer buyers - meaning less competition, according to Nine News Australia. There's actually never been a better chance of securing your dream home at the right price, Damien Cooley from Cooley Auctions told 9NEWS. Sydney's property market is set to boom this Spring with a flurry of new homes listed but fewer buyers. 9NEWS Owner's expectations are actually reducing. To improve your experience update it here News National Sydney property market to boom in spring amid new listings and fewer buyers7 11pm Aug 29, property market is set to boom this Spring as a flurry of new properties brings fresh opportunities for first home buyers to purchase their dream house. In Spring 2016, the average clearance rate was 78 percent, with an average of 4.7 bidders per property. The trend is set to be a win for first home buyers who may be able to capitalise on the limited competition. 9NEWS There are some suburbs, however, that have bucked the trend. That figure fell to 60 percent and 2.9 bidders last Spring, and this Winter alone it's slipped even further to 50 percent and 2.4 bidders.
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