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  • Writer's pictureClarence White

Prestige Woolwich waterfront home sells $15m+ at auction

Tim Le and the Raine & Horne Gladesville team attracted 5 registrations to compete at auction on this prime waterfront home on the northern side of the peninsula in Woolwich. Multi-award winning real estate auctioneer Clarence White of Menck White Auctioneers sold the property under the hammer for upwards of $15m.

The Sydney real estate market has now passed the bottom of the correction cycle with consistently strong auction clearance rates, good registration numbers and in March rising median house prices again. It seems the market is making virtually an immediate return to growth after 10 consecutive months of decline.

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