Another strong week of reporting. In short; The Government is still throwing around ‘popular’ solutions for ‘fix’ the housing market. There is still speculation of lower interest rates. Foreign buyers are back in the spotlight. And, Winter has done nothing to cool the property market in Sydney. There was originally 573 Auctions scheduled to take … More Real Estate Market Commentary MAY 21st
https://www.youtube.com/watch?v=Ptof5dXQlSg Quintessentially Wahroonga for the discerning over 55’s Crafted to offer all the style and substance of a free-standing home without excessive garden maintenance, this private and elegant villa delivers an impeccable lifestyle for the over 55’s. One of just six, its due north aspect, providing absolutely private, sun drenched indoor and outdoor living. Immaculately … More 12/16 Woonona Ave, Wahroonga – SOLD PRE-AUCTION $1,390,000
Peace, potential and lifestyle in abundance A quiet, hidden pocket delivers the perfect combination of peace and tranquillity and a highly desirable setting for this original second floor apartment. Tightly held for 36 years, its vintage interiors are well cared for, presenting exciting scope to contemporise and add value. Blessed with a light filled north-east … More 15/66-70 Helen Street, Lane Cove – SOLD PRE-AUCTION FOR $654,500
Another weekend of back-burning on the Upper North Shore, chilled mornings and busy open homes. It was a weekend much like the one before and much like the year before, buyers are looking to buy and by the look of the Auction clearance rates, they’re buying! I don’t have numbers on open homes across the … More Real Estate Market Commentary MAY 14th
Yesterday, 9th May 2016, the Cash Rate futures (June 2016 Contract), that economists use as an indicator to speculate the chance of cash rate rises/cuts by the RBA, were trading at 98.315. This would suggest that there is a 34% chance at this stage of another rate cut, bringing the official cash rate down to … More 0% ?
Winter is the new Summer, at least in Real Estate, or so it would seem. This year (2016) seems to be taking the same route as last year with regards to the Sydney property market. We started slowly last year and as the weather cooled, the marketing warmed, well, heated. We do have a rate … More Real Estate Market Commentary MAY 7th
Private and peaceful, a haven for the family Immersed in beautiful gardens to create a completely private and tranquil haven, this substantial home is the epitome of family comfort delivering exceptional and versatile living spaces and superb alfresco areas. Its perfectly positioned with a north and north east aspect on a generous 968sqm. Well-presented throughout … More 17 HOLT AVENUE, WAHROONGA – SOLD PRE-AUCTION FOR $1,610,000
Lovely, sunny original family home; Fantastic opportunity Beautifully positioned in a highly sought after, leafy pocket of South Turramurra, this sunny, family home enjoys elevated treetop views and expansive outdoor living. Capturing sun through the bedrooms, kitchen and outdoor entertaining areas it is easy to enjoy the benefits all year round. Well maintained and lovingly … More 4 HICKS AVENUE, SOUTH TURRAMURRA – SOLD PRE-AUCTION FOR $1,170,000
In the face of looming speculation of a rate cut, the Auction Clearance Rates continued to perform for us at the weekend. As at the 29th of April, the market is showing a 58% chance of a rate cut from the RBA tomorrow – Tuesday 3rd of April – with positive unemployment figures and steady … More Real Estate Market Commentary APRIL 30th
Well, would you look at that! Last week, the Auction Clearance Rate was, for the first time – it seemed – this year, below 70% and the frenzy began, media sharks circled, doomsday was upon us. The weekend just gone, well, that was a different story; ‘the boom continues’, ‘no sign of property prices easing’, … More Real Estate Market Commentary APRIL 23RD
Thomas Merriman 