StockMarketWire.com - Purplebricks Group has expanded its targeted roll-out across Australia, with the launch into Sydney, and New South Wales. Plans are now progressing for the launch of Perth and Adelaide.

The group says momentum in Australia, a real estate market worth some £3.3bn, continues to build and track ahead of the UK at the same point in its evolution, with hundreds of homeowners now choosing Purplebricks to sell their home each and every month.

Chief executive Michael Bruce said: "In such a short time, we have delivered an estimated $1.7m in savings back to sellers and received some incredible reviews and feedback, which speaks volumes about the Australian public's interest in the Purplebricks offering.

"Our 24/7 hybrid model means that we were even selling homes in Australia on Christmas Day and Boxing Day, much to the delight of our customers.

"We are confident that our proven success in auction and private treaty sales in the country is setting us apart from traditional real estate offerings and will make a substantial and positive difference for homeowners across Australia.

"Purplebricks is now operating in Melbourne, Brisbane, the Gold Coast and the Sunshine Coast, Sydney and parts of the Central Coast, with plans underway for extension into Perth and Adelaide."


At 1:48pm: [LON:PURP] Purplebricks Group PLC share price was +6p at 163.5p



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