Sydney property commentary Saturday 23rd January

It is still too early in the year for anybody to be throwing out any solid evidence for the future of the property market in 2016. However, the signs of buyers, slow trickling of property ‘for sale’ entering marketplaces, and the positivity from agents’ discussion over the last fortnight would suggest strong signs. The issue … More Sydney property commentary Saturday 23rd January

5 MOUNT PLEASANT AVE, NORMANHURST – SOLD $1.3M JANUARY

Character home offering ideal start and complete convenience Positioned in one of Normanhurst’s most highly regarded streets, this solid character brick home delivers outstanding buying for those looking to enter the Upper North Shore market. Absolutely picturesque, it boasts a N/E to rear 731sqm block with leafy and secure front and back gardens perfect for … More 5 MOUNT PLEASANT AVE, NORMANHURST – SOLD $1.3M JANUARY

49 HAVILAH AVE, WAHROONGA SOLD FOR $1,132,000

Quality location; Outstanding Opportunity This tightly held and much loved family home occupies a premium setting in one of Wahroonga’s most sought after family friendly enclaves and presents an exceptional opportunity to create your dream home. The home offers a combined living and dining space and neat kitchen that flows out to the spacious deck, … More 49 HAVILAH AVE, WAHROONGA SOLD FOR $1,132,000

3/275 MONA VALE ROAD, ST IVES – SOLD AT AUCTION $975,000

Contemporary Over 55’s living Set back from the road, this quiet, modern over 55’s garden apartment exudes contemporary St Ives living, moments from the shops and transport.With three well sized bedrooms, master with walk-in robe and large ensuite with a bath, single-level living is easy…Modern kitchen with stone benchtops, modern appliances and plenty of storage. … More 3/275 MONA VALE ROAD, ST IVES – SOLD AT AUCTION $975,000

Interest rate cut?

I don’t think so. It has been over a week since the market confidence in a rate cut turned from above 10% to below 10%, sitting at 8% currently. This is an indicator of expectations as to whether the Reserve Bank of Australia will drop interest rates to 1.75%. Notably, this morning I was reading … More Interest rate cut?

SYDNEY AUCTION RESULTS 7TH NOVEMBER + MARKET COMMENTARY

There is no way around it, the Auction Clearance Rate was abysmal on Saturday, but I am sure you have already heard about it, read about it and cried about it by now. The nightmare the media created has continued to sell ‘clicks’ and bring ears and eyes to news streams, and what a success … More SYDNEY AUCTION RESULTS 7TH NOVEMBER + MARKET COMMENTARY