Well, the prediction data from the big forecasters was wrong, the Sydney market dropped more than they had expected, at 1.2% this quarter rather than 0.9%. However, they are sure to be correct that the yearly prediction is a fall of between 5% and 6%. The good news is, we will know if a few … More Sydney Market Commentary September 18th
Cherished by the same family for twenty three years, this captivating home delivers a superb family retreat with a focus on relaxed liveability and inspired entertaining. The magic is immediate from the superb gardens that surround it, to its stylish contemporary aesthetic. Inside is a haven of light with over-sized rooms and a versatile … More 1 Apollo Avenue, West Pymble – SOLD $1,810,000
Welcome back to the Auction market for 2018. We have certainly seen some property go under the hammer in January and February however, the bulk of campaigns begin marketing after Australia day which tends to see more Auctions taking place at the end of Feb or beginning of March. There is a lot of patchy … More Sydney Auction Results – March 3rd
As we approach the middle of the last quarter of the year it is interesting to see the amount of property rushing to market and, funnily enough, the amount of buyers scrambling to buy before the holidays. We are still seeing good prices despite the Auction clearance rates being spotlighted negatively at the moment. This … More Sydney Market Commentary – Saturday November 11th
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 Channelling a … More 22a Mona Vale Road, Pymble – Withdrawn
Every week I make comment on the Auction Clearance Rates and yet I still feel as though the actual clearance rate is becoming less and less important as the market changes. However, the market changes are not all bad. There were originally 992 Auction scheduled to take place with only 605 going up and 449 … More Sydney Market Commentary – October 28th
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
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
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
The last of the cold snaps seem to be behind us and with this, the Spring market will begin to increase with stock on the market and buyers on the roads. Currently, on the Upper North Shore we have has a somewhat quiet end to Spring compared to recent years however, we see signs of … More Sydney Market Commentary – September 9th
Thomas Merriman 