The year long Royal commission into the misconduct in the finance sector turned into a whipping post for all areas remotely connected to the finance sector, including Real Estate through lending and borrowing. While the initial justification was to unearth the misconduct of the finance sector where, allegedly, clients were being mismanaged for the financial … More Did the Royal Commission change anything?
Award-winning contemporary beauty in a tranquil setting This superb residential sanctuary has been designed to encapsulate luxury family living resting on a superb north-east facing 928sqm block in a quiet, sleepy cul-de-sac. Embracing contemporary style, this HIA award winning home delivers substantial, light filled interiors with a superb layout which includes multiple living spaces, a … More 4 Ramsay Avenue, West Pymble – Rented
This week the clearance rate dropped again but at least we have seen some fluctuation rather than a complete drop off. While we were up around 65% last weekend, we did drop again to about 56% this weekend. There is continued speculation of a rate rise, but no evidence of it happening soon. I guess … More Sydney Market Commentary Saturday June 2
Well, nothing changed last weekend. However, there were definitely more people out in the marketplace and that resulted in some fantastic local Auctions and great inspection numbers at properties across the Upper North Shore. There were originally 665 Auctions scheduled across Sydney with 383 reported to have taken place and 291 sold under the hammer. … More Sydney Market Commentary May 28th
Welcome back to the Auction market for 2018. We have certainly seen some property go under the hammer in January and February however, the bulk of campaigns begin marketing after Australia day which tends to see more Auctions taking place at the end of Feb or beginning of March. There is a lot of patchy … More Sydney Auction Results – March 3rd
Well, it is quite obvious to see what the buyers think of the market at the moment with the highest amount of withdrawn properties I have seen for a while. Before I mention the number, I must also add, that sometimes these properties are withdrawn with conditional offers and other negotiations in play. There were … More Sydney Market Commentary – November 25th
As we approach the middle of the last quarter of the year it is interesting to see the amount of property rushing to market and, funnily enough, the amount of buyers scrambling to buy before the holidays. We are still seeing good prices despite the Auction clearance rates being spotlighted negatively at the moment. This … More Sydney Market Commentary – Saturday November 11th
Good news, First home buyers are returning to the market with the strongest presence since 2012 making 2017 a year of extreme variation. According to RPData there were almost 2,500 first home buyers present in the market in August 2017 which was the highest number since Early 2012 with the lowest being earlier this year. … More Market Commentary October 21
The last of the cold snaps seem to be behind us and with this, the Spring market will begin to increase with stock on the market and buyers on the roads. Currently, on the Upper North Shore we have has a somewhat quiet end to Spring compared to recent years however, we see signs of … More Sydney Market Commentary – September 9th
It’s official, we are back up and running, Sydney. Donald Trump, interest rates, foreign buyer restrictions, lending criteria changes, negative media coverage. … nothing is stopping us at the moment. It would seem that sheer supply and demand is the main attribute to the continuation of this now, standard, market. There were originally 543 properties scheduled to … More Real Estate Market Commentary FEBRUARY 11TH
Thomas Merriman 