Market There is a lot of media scrutiny around the ‘Spring market’ not being as bouncy as usual with Auction clearance rates lower than last years and the urgency in the market disappearing – and – On the whole, this criticism of the market is true. However, isolating the Auction Clearance Rates from the overall … More Sydney Market Commentary – October 14th
Art Deco beauty delivering prestige perfection This superb single level Art Deco home is the perfect match for its private north-east facing 796sqm block and the elite pocket it finds itself in. All the appeal of its rich past has been perfectly restored and then cleverly combined with contemporary updates where it matters most. Well-scaled … More 15 Golfers Parade, Pymble – SOLD by Auction – $2,095,000
It was good to have a sunny long-weekend, although we could do with some rain now, before it gets too hot. Further, long-weekends are the only chance some agents get for 2 days off in a row and quite possibly 2 days off in a single week. Due to the excitement of the long-weekend and … More Sydney Market Commentary – September 30th
There was definitely more stock hitting the market over the last few weeks and this was evident with the large amount of Auctions that were scheduled to take place at the weekend. As the market heats up and the commentary remains flat-to-negative we may see more property going to auction and not selling, or conversely, … More Sydney Market Commentary – September 16
As Spring heats up and the traditional selling market gets ready for the busiest period of the year we begin to see consistently more properties hitting the marketing and subsequently going up for Auction. Winter has become a strong selling period recently with sellers looking to avoid the Spring/Summer crowd of properties on the market … More Market Commentary – September 2nd
Excitement may have been short lived or premature with last weeks auction results with a slight dip in Clearance rates this week. However, there were a few less auctions. We are currently in the lead up to Spring and the amount of properties getting read to hit the market shortly is starting to increase, from … More Market Commentary August 19th
It has been well documented today that the weekend Auction results across Sydney are the highest in two months. This will probably be attributed to the warmer weather we are having but is more than likely because there is a bit more stock hitting the market. We are also starting to see people mobilising for … More Market Commentary – August 12th
Well, we have definitely passed the tougher part of the Winter market with Sydney’s ‘warmest July weekend’ set to hit this weekend and stock number and sale prices looking up. There were an average amount of properties scheduled for auction last weekend at 479 with 331 reported to have taken place and 275 reported to … More Sydney Market Commentary July 22nd
The privilege of owning a home has become a closer reality for some people looking for homes across Sydney with the announcement of the stamp duty concessions for First-home-buyers. However I don’t believe there is too much of this that will register on the radar in the Upper North Shore. The reason that this is … More Sydney Market Commentary July 1st
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
Thomas Merriman 