Archive for the ‘News’ Category

Sydney’s property market is losing momentum

Sydney’s and Melbourne’s pandemic property boom is losing momentum as the gap widens between vendor expectations and what buyers are willing to pay. There has been a noticeable shift on the ground, with fewer buyers at inspections and auctions every week thanks to an influx of new listings added to the market.

SQM Research’s Christopher’s Housing Boom and Bust Report 2022 shows a total of … Read the full post »

Home styling trends for 2022

It’s that time of year again where we start to take a look ahead and get excited for a whole new year of home styling projects and home décor trends. 

In 2020, it became apparent that creating a beautiful, tranquil home had become more important than ever since coronavirus came into our lives. While we’ve all rejoiced over finally getting out of the house and … Read the full post »

Sydney’s house price growth has reached record levels

Following a record year of growth, home prices across a number of suburbs within Sydney’s west and south are joining Sydney’s booming property market. The term “Millionaire’s Row” can now be applied to not just the most prestigious postcodes like Mosman, Vaucluse and Palm Beach but also to suburbs more than 50 kilometres from the CBD.

Regional areas within commuting distance to central business districts … Read the full post »

Australia’s dwelling values likely to lose momentum

Australia’s dwelling values continue to grow, though the pace is slowing. Following a continual rise in October, the rate of growth slowed dramatically as a lack of affordability, less government stimulus and an influx of new listings hit the market, new figures show.

CoreLogic’s head of research Tim Lawless warns, a downturn could be “inevitable” should interest rates rise and supply outstrip demand in the … Read the full post »

Sydney housing deemed ‘overvalued’ as listings continue to rise

Sydney property prices are overvalued and Australian households are taking on more debt compared to their incomes to keep up, a new report from investment bank UBS has warned.

But there’s little relief in sight for homebuyers as property prices are likely to keep rising unless interest rates go up, the report said, a scenario the Reserve Bank views as unlikely before 2024…. Read the full post »

Home owners gain up to $180,000 in six months

Home owners who bought property six months ago are up to $180,000 better off than if they had invested their savings in the stock market or a term deposit, new analysis reveals.

New research undertaken by Canstar shows that if a Sydneysider bought a house for the median price of $1,112,671 in March with a 20 per cent deposit of $222,534 they would have seen … Read the full post »

Upward trend of house prices to continue as long as interest rates remain low

House prices are likely to keep rising regardless of any potential negative shocks the economy endures due to COVID lockdowns, economists say, as rock bottom interest rates continue to drive buyers to spend up big on property. According to AMP Capital chief economist, Shane Oliver, property prices that have already soared in the pandemic could rise another 15 per cent or so if borrowing stays cheap between now and 2024, … Read the full post »

Story of the sale – 49 Goodlands Avenue, Thornleigh

4 bed, 2 bath, 4 car
Method: Off Market
Referred from database: 48
Private inspections: 12
Days on market: 0
Sale Price: $2,600,000
An off market sales campaign which lasted one week, this grand home was easily well received by those we referred it to within our database. After a few days of inspections, the right buyer had been found for the property, and they were … Read the full post »

Achieving a timeless look for your home

A timeless interior exudes a sense of quiet confidence. It’s sophisticated, yet feels inviting. A timeless home is neither over the top or boring. Combining a multi-layered approach, the style balances the feeling of being lived-in and curated.

In this guide, we look at what makes a home appear timeless. We share with you some of the key things to consider if you’re wanting to achieve a timeless look in your … Read the full post »

Sydney dwelling prices up 19.7% since the start of the year

Lockdown has not stopped Sydney’s market with dwelling prices growing 1.8% in August, taking the total growth since the beginning of 2021 to 19.7%. Which suburbs are driving the strongest price growth? The middle ring, mostly covering suburbs in parts of the inner west, north shore and eastern suburbs, recorded the strongest price growth since the previous market peak of 2017, with the house median up 15.7% and the unit … Read the full post »

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