The shock of winter has set in and the realisation that this shock is not enough to completely rattle the Sydney Real Estate market has well and truly set back in. We are still in the middle of school holidays, it is still cold but the need to sell and want to buy aren’t disappearing … More Sydney Market Commentary – 8th July
Laid-back contemporary style, park-side setting Awash with natural light and enjoying perfect peace and serenity, this stylish split-level home is just bursting with appeal. Privately nestled back from the road behind a leafy canopy, it nestles into its generous 930sqm (approx.) block backing and overlooking the beauty of the National Park.
Since 2015 Auction results have been soaring, it is obvious and it has been well covered. Typically, when we have dropped below a certain benchmark it hasn’t been a sustained ‘low’ it generally corrects quite quickly. However, whether it is Winter coinciding with other external factors, we are starting to see a slightly sustained low … More Real Estate Market Commentary – June 17
Thank you to Ray White for the acknowledgement of my ‘high level of sales success’ for the current period of the 16/17 year.
Rain, Rain, Rain. … That has been the nature of our recent open for inspections of late. Some properties with nobody and some with little inspection numbers during this period. Topped off by a long-weekend, the week just gone has been a slightly slower than average week in the better part of the market. While … More Real Estate Market Commentary – June 10
At present, we are experiencing a lot of negative coverage of the property market in the media; Meriton is going to court against the ACCC, income to debt ratios are ‘the worst they’ve ever been’ with mortgages taking the lions share, ANZ has claimed property price growth will halt to 1.9% and buyer sentiment has … More Real Estate Market Commentary 3RD JUNE
The ongoing speculation of a crashing market has lead buyers into a self fulfilling prophecy. There are still plenty of buyers out there, there are still plenty of people ready to buy but it seems they are sitting on their hands as we wait and see what will happen. Ultimately, this may lead to a short … More Real Estate Market Commentary 27TH MAY
Once again, in spite of negative coverage of late in the media, the Auction clearance rate, median sale price and property market continues strongly. There were 880 properties scheduled to go to auction at the weekend, which is high, with 608 reported to have taken place and 512 sold under the hammer. There were 58 … More Real Estate Market Commentary MAY 20TH
There has been a lot of talk about Autumn and Spring being the new Summer of selling, especially in the Sydney market. Backed up recently by a statement made by Dr Andrew Wilson of Domain, which was reiterated in a Real Estate commercial currently circulating on radio, it seems to be more than anecdotal. Traditionally buyers … More Real Estate Market Commentary MAY 6
I have read a lot of criticism directed at the Sydney Property Market of late, well the East-Australian market, but more notably, Sydney. This was boiling up to the point of a bubble pop, which recently became the new narrative from property commentators signalling to us that the bubble had popped after 4 weeks of … More Real Estate Market Commentary APRIL 29
Thomas Merriman 