@financial.leigh: The Cash Kings of NSW Real Estate 👑 Meet the two "rate-proof" champions of NSW. 📍 MOSMAN: The King of Percentage • The Percentage: An estimated 52% of all sales were CASH-ONLY. • The Value: Approx. $944 Million in mortgage-free settlements. • The Volume: Roughly 223 properties settled without a bank loan. 📍 MARSDEN PARK: The King of Volume • The Percentage: An estimated 21% of all sales were CASH-ONLY. • The Value: A massive $972 Million in total cash sales. • The Volume: Roughly 724 properties settled without a bank loan. Australia wide, there’s an estimated total of $154 Billion in total cash only property purchase across 158,000 properties settled. The makes cash only purchases account for just under 30% of the entire market. Some regional suburbs in NSW and across Australia achieved even higher percentage of cash only purchases, but this is often due to the lower entry cost and holiday home purchases. While the headlines focus on rate hikes, over a quarter of the market is playing a completely different game. #Property #Mosman #marsdenparkPark #NSW #australia