Million dollar sales

A Huckell Close home that changed hands this year.

A Huckell Close home that changed hands this year.

Two properties have changed hands for more than $2 million so far this year in Grenfell.

The two million dollar plus property sales were "Closeburn" and "South Closeburn" on Henry Lawson Way for $2.9 million and "Karoola" on Barrs Lane for $2.7 million.

According to official figures from the NSW Valuer General there have been 39 sales in Grenfell from January 1 this year until the end of the financial year last week.

Of the sales registered with the Valuer General there were 12 for between $0 and $100,000, eight for between $100,000 and $200,000, seven for between $200,000 and $300,000, three for between $300,000 and $400,000, six for between $400,0000 and $500,000 and one further sale for between $500,000 and $1 million.

"We don't have a lot on the market, we've probably got more properties on offer," Ali Anderson of Clive J Anderson, Grenfell said.

"About 10 years ago Council had a push and paid people's travel expenses and we had a huge number of properties sell that weekend. Other than that we've probably never had as many properties under offer of a higher price.

"The sales have been going really well," she said.

As far as price increases go Ms Anderson said the town probably has had a more of an increase in recent times but added "we've never seen real estate sales go backwards, we don't have the spikes and we don't have the falls, more of a steady increase over time".

"This is good for our clientele, it's good for the business, our market seems pretty consistent but there have been properties that have sat on the market for some time and we're seeing those sell.

"There are places selling for what I would regard as very good money," Ms Anderson said.

Sales have been just as impressive in our neighbouring shires.

Six properties changed hands for at least $1 million so far this year in the best market Cowra has seen in more than a decade according to Cowra agents.

At least five properties have sold for more than $1 million in Forbes in the first six months of this year with the property market in Parkes just as hot with at least six properties knocked down to buyers for more than the magical seven figure amount.

Young real estate agents have brokered deals for two properties for more than $1 million, one for $5.5 million and the other for $1.4 million.

In Canowindra two Settlement Bridge Road properties changed hands for $2,656,400 in April.