It’s official, we are back up and running, Sydney. Donald Trump, interest rates, foreign buyer restrictions, lending criteria changes, negative media coverage. … nothing is stopping us at the moment. It would seem that sheer supply and demand is the main attribute to the continuation of this now, standard, market. There were originally 543 properties scheduled to … More Real Estate Market Commentary FEBRUARY 11TH
Auction reporting this early in the year serves no purpose to speculation for the remainder of the year but it does give comfort to those of us with a vested interest in the market, even if it’s based on faith. It is interesting to see though, that the auction results for the first decent recordings … More Real Estate Market Commentary FEBRUARY 4
That’s a wrap. … Well, for auctions anyway. At this stage in the year, most agencies have wrapped up on all scheduled auctions for the year. There may still be a bit of stock on the market with vendors hopeful of a sale over the Christmas period which is unlikely but not unheard of. At … More Real Estate Market Commentary 10TH DECEMBER
Whether or not the slight rise in some banks interest rates and the possibility of continued rate rise has a direct impact on sales, it definitely has an emotional impact on people reading about it. Auction clearance rates were slightly down at the weekend to 76% and the median sale price at auction was at … More Real Estate Market Commentary DECEMBER 3RD
SUPER SATURDAY! Commonly, or, colloquially referred to as ‘Super Saturday’ the weekend that was traditionally receives extensive coverage, scrutiny and fanfare. … and for good reason. There was reportedly 961 properties scheduled for auction with 645 to take place and 553 properties reported to have cleared at Auction. The week leading up to Saturdays auctions … More Real Estate Market Commentary 26TH NOVEMBER
We are more than half way through November and only have a handful of weeks up our sleeves until Christmas but the elasticity of this property cycle seems to keep proving its strength week after week. There is now real cause for concern for the impending slope in the current property cycle with speculation of … More Real Estate Market Commentary NOVEMBER 19TH
Spacious and Versatile, Outstanding East-Side Potential Enjoying an envied location in a quiet east-side cul-de-sac, position’ buying doesn’t get much better than this. Ripe with potential, this solid, spacious and versatile family home offers limitless opportunity whilst also providing an entry level to a premium pocket. Perfectly comfortable to move in and enjoy, it boasts … More 21 MACLEAY AVENUE, WAHROONGA – SOLD
There was certainly no negativity surrounding the weather and it’s impact on the market at the weekend, unless maybe the heat was too much. But I feel like on a whole, the sunshine after the rain was a welcome weather shift for punters at the weekend. Auction results were still strong at 80% which still … More Real Estate Market Commentary 12TH NOVEMBER
An Appealing Start for the Family Combining classic charm with a family friendly vibe, this double brick and single level home offers a superb buying opportunity in a popular no-through street. Enjoying a high-side setting, it boasts a commanding presence with picturesque gardens both front and rear. Its fresh interiors feature a choice of living … More 11 WONGALEE AVENUE, WAHROONGA – LEASED
Spring has no arrived, albeit late, the sunny weather seemed to force the buyers out in numbers to open homes across the Upper North Shore at the weekend. This new influx of buyers is timely with Auction numbers starting to spike, Sydney had 831 properties listed for Auction at the weekend. We are certainly in … More Real Estate Market Commentary 5TH NOVEMBER
Thomas Merriman 