There is a lot of talk of ‘low stock levels’ at the moment, and considering that normally we are seeing around 6/700 Auctions occur on a Saturday (at this time of year) we still had 567 scheduled – Which isn’t a significant drop. I would also suggest that while the market hasn’t really made a … More Real Estate Market Commentary 17TH SEPTEMBER
The big news at the moment seems to be the ‘lack of stock’ because everybody needs justification as to why the market is either high or rising or about to crash. There is definitely truth in that though, there is a lack of stock but we have had a few years of very active selling, … More Real Estate Market Commentary 10th SEPTEMBER
Now that we are entering Spring, I think we are all expecting that the market is about to ‘open’, which seems a funny way of thinking about Real Estate now, since Winter has been so good 3 years in a row. We did see a climb in the median sale price on Saturday which is … More Real Estate Market Commentary 3rd SEPTEMBER
Yet another interesting progression in the market at the weekend with Auction Clearance rates still sitting up in the 80% range and median prices for property sold up again. There is smudges of positive and negative feedback about the market in the media publications including the increased rumble from the ‘disruptors’ to the industry. In … More Real Estate Market Commentary 27th AUGUST
Screened from the street, this grand residence embodies the feel of an English country-side manor sprawling across two generously proportioned levels and delivering outstanding family versatility. Its recent updates compliment its charms and provide style and comfort in abundance. A refined residence of true character and appeal, it sits perfectly on a near level 866sqm … More Classical elegance, superb family home – SOLD FOR $1,750,000 PRE-AUCTION
Blissfully positioned within a quiet and leafy pocket on the doorstep of the Garigal National Park, this substantial home provides an ideal escape for the family. Well-presented throughout, it’s ready to enjoy whilst offering ample scope to personalise and add value. A selection of generous living and dining spaces provide family options and open out … More Substantial family escape in an idyllic setting – SOLD FOR $1,758,000 PRE-AUCTION
Well, I have seen an article suggesting that the Saturday just gone was the best set of Auctions we have had in August, ever. At 84% Clearance Rate, that is no surprise. The amount of property going to Auction is a bit lower however, which may be a contributing factor. The lower stock levels are … More Real Estate Market Commentary 20th AUGUST
Location & Lifestyle! Quietly positioned at the rear of this boutique apartment block with a sunny northerly aspect, is this beautifully presented two bedroom apartment. Featuring a combined living and dining area and European style kitchen with Miele washer/dryer and dishwasher. There are two bedrooms, main with ample storage space and the second with glimpses … More 11/5 WULWORRA AVENUE, CREMORNE POINT – SOLD PRE-AUCTION $910,000
Deluxe townhouse with uninterrupted views of ‘the 15th’ Located in the prestigious Upper North Shore, this 6 year old home is a golfers dream! Situated in the beautiful suburb of North Turramurra, this stunning home is a unique offering. The upside down living floor plan, has been created to maximise both natural light and views. … More 14/9a CURAGUL ROAD, NORTH TURRAMURRA – SOLD BEFORE AUCTION FOR $1,530,000
It would seem my little hunch was right. I mean, anything can change in 24 hours, but it seemed to quiet for the Auction rates to start sliding anytime soon and now the media are having a field day with ‘low stock levels’ but Spring is coming soon – sooner, I think. There were originally … More Real Estate Market Commentary 13TH AUGUST
Thomas Merriman 