Archive for the ‘News’ Category

Story of the Sale – 16/2 Stuart Avenue, Normanhurst


3 bed, 1 bath, 3 car
Method: Auction, sold prior
Enquiries: 158
Private inspections: 27
Days on market: 8
Sale Price: $825,000
A sales campaign conducted throughout Covid-19 lockdowns in Sydney, this townhouse received a high level of interest and sold after just 8 days on the market. The sale price achieved was a complex record, and was $45,000 above the most recent sale in the complex … Read the full post »

Prices to jump over 20 percent, with further growth in 2022

ANZ has tipped house prices to jump by more than 20 per cent this year, lifting its forecasts despite the lockdowns, off the back of the stronger than expected property market.

Property prices are expected to rise 24 per cent in Canberra by year’s end and 23 per cent in Sydney and Hobart, according to the bank’s latest forecasts, released on Wednesday. Gains of 21 per cent and 20 per cent … Read the full post »

Strength in the auction market and sale volumes surge

There were 576 Sydney auctions held this week as the city remains in lockdown, and a preliminary auction clearance rate of 81% was recorded. The city has shown resilience under lockdown conditions, with over 500-600 homes proceeding to auction each week since this lockdown started and the final clearance rate remaining well over 70% each week. There are 2,139 homes set to go to auction this week across the combined … Read the full post »

Styling tips to maximise sale price

When it comes to preparing a home for sale there are many things to take into consideration to maximise the sale price, particularly when it comes to presentation. When you consider that your home is more than likely your biggest financial asset, it is well worth making the extra effort.

 
1. First impressions make their mark
Street appeal is vital to ensure that prospective buyers are enticed to take a look.

There is a … Read the full post »

Sydney’s median house values rise more than $1200 a day

Since the onset of COVID-19, a prominent trend across the Australian dwelling market has been high demand for detached houses. This is reflected in price changes of houses and units since March last year, as strict restrictions rolled out across the nation. In the past 16 months, capital city house values rose 14.2%. This is more than double the 5.6% rise in capital city unit values over the same period. … Read the full post »

Why manicured lawns are actually bad for your backyard

Home owners are being urged to take advantage of the winter months to make their backyards more environmentally friendly in time for summer by moving away from the perfectly manicured lawn.
It is estimated around 4400 hectares of Australia is under turf, covering an average of 11 per cent of capital cities.

In backyards, much of that is water-intensive, hard to maintain and provides a … Read the full post »

The housing market throughout lockdown

CoreLogic have recently released a report outlining how the housing market is performing throughout lockdowns, past and present. Despite the delta variant of Covid-19 spreading in Australia and forcing strict restrictions within the property sector, the market continues to move forward with strength.

Auction results across Sydney and Melbourne have remained resilient in lockdown, both this year and last year, although statistics are showing a larger than normal number of auctions … Read the full post »

Recent Successes

Sold – 39 Janet Avenue, Thornleigh

4 bed, 2 bath, 1 car
Method: Off Market
Referred from database: 38
Buyer inspections: 7
Days on market: 0
Sale Price: Confidential
What our client had to say:
“We listed our house with Saliba Estate Agents as an Off-book sale to test the market. We SOLD in 6 days with the help of Ryan, Josh … Read the full post »

National prices soar, but market loses momentum

Australian dwelling values finish the financial year 13.5% higher than a year ago, a figure lead by houses which rose 15.6% over the year, compared to a 6.8% lift in unit values. Sydney itself has recorded strong house growth over the past year (19.3%), the bulk of growth recorded in 2021.

According to CoreLogic, this has been the highest annual rate growth seen in the Australian residential property market since April … Read the full post »

Australia’s housing boom continues with a 2.2% lift

Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month. This rise was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%. CoreLogic’s research director, Tim Lawless, observes that growth conditions remained broad based across Australia and across differing housing types and values. “Values were up by more than … Read the full post »

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