Quick Olola Avenue, Vaucluse sale

Quick Olola Avenue, Vaucluse sale
Staff reporterMarch 21, 2018

Warren Ginsberg, from Ray White Double Bay, finished last week in a flurry with a trifecta of sales on Friday to seal four contracts in four days to the value of $11.2 million.

A timeless residence at 50 Olola Ave, Vaucluse received significant interest, with 132 enquiries across three weeks (pictured below).

Ginsberg said he was happy with the quick nature of these premium sales.

“For three out of the four sales last week, the average time on market was 17 days giving confidence the market is still strong,” Ginsberg said.

“We’ve seen double-digit growth for many years now, so it was inevitable a general price decrease was looming, however I’m confident the market can still offer great returns based on the low days on market.”

The Studdy family sold 480 Old South Head Rd, Rose Bay (pictured below).

 


“As a mortgage broker, I’ve seen the average time on market up to 40 days in some instances and for Warren to exchange within half that time and exceed our asking price by 13 per cent is really incredible,” Oliver Studdy said.

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