The Australian stock market is currently performing at a 12 month low based on the S&P ASX 200 Stock market index and other indicative stocks i.e ASX (ASX limited FPO). As the property market started to slow, namely the Sydney market, the stock market started to rise, and rise rapidly. For the most part of … More Sydney market commentary October 29
Interest rates are at an all time low. The official cash rate is on hold. There is a well documented shortage of stock on the market. Property prices have not risen as a whole for 2 quarters. Typical home ownership is recorded as being just over 10 years (RPData) which statistically means that most people … More Sydney Market Commentary October 16th
It’s official, the Auction Clearance rate has dropped to its lowest point in recent history at the weekend resting at just 55%. There were 524 properties originally listed for Auction with 321 reported to have taken place and 217 sold under the hammer – as reported. The median sale price of property sold was still … More Sydney Market Commentary May 19th
Well, it is quite obvious to see what the buyers think of the market at the moment with the highest amount of withdrawn properties I have seen for a while. Before I mention the number, I must also add, that sometimes these properties are withdrawn with conditional offers and other negotiations in play. There were … More Sydney Market Commentary – November 25th
Completely private gracious home on 1895sqm Discover the unexpected in this gracious Georgian home that defies its Mona Vale Road address. Set over 100m from the road its accessed via a delightful tree lined driveway and rests amongst a lush and leafy backdrop enjoying a level of privacy that is hard to find. Channelling a … More 22a Mona Vale Road, Pymble – Withdrawn
https://www.youtube.com/watch?v=bTrhk6_17dI Relaxed and spacious family home backing parklands Enjoy perfection in family living from this delightful single level home which rests on an exceptional 1158 sqm (approx.), with a feeling that is more oasis than suburbia. Enjoying a north-east to rear aspect at the end of a quiet cul-de-sac, it backs directly onto the grounds … More 6 Paroo Place, South Turramurra – SOLD before Auction for $1,850,000
Good news, First home buyers are returning to the market with the strongest presence since 2012 making 2017 a year of extreme variation. According to RPData there were almost 2,500 first home buyers present in the market in August 2017 which was the highest number since Early 2012 with the lowest being earlier this year. … More Market Commentary October 21
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
Private single level living amongst the treetops Fresh and inviting and embraced by gorgeous leafy surrounds, this easy-living home rests at the end of a family friendly cul-de-sac. Sweeping across a generous single level floorplan, this home is perfect for entertaining. The large open plan granite kitchen and dining area open to an alfresco terrace … More 22a Ramsay Avenue, West Pymble – SOLD – Undisclosed amount
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
Thomas Merriman 