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
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
Building opportunity in a beautiful beach suburb near Sydney
I don’t want to speak too soon, but it feels like Spring. The sun is rising earlier, grass is starting to grow and the Auction clearance rate is almost up at 80%. Recent news of the RBA’s decision to cut the official cash rate even lower to 1.50% definitely spurred the market on slightly, see … More Real Estate Market Commentary AUGUST 6TH
This could be an interesting week with a number of different figures being released that may impact the property market in a positive way. The Reserve banks meeting is tipped at a 64% likeliness of a rate cut to 1.50% but either way I don’t think an announcement to stay at 1.75% will be a … More Real Estate Market Commentary 20th JULY
Thomas Merriman 