State of the market Autumn 2017

Autumn update

State of the market Autumn 2017 SYDNEY, NEWCASTLE & NSW CENTRAL COAST: The Sydney boom continues as auction clearance rates exceed 80% on most weekends. The major factor we see playing out is the Supply V Demand equation. Last year in 2016, sales volumes were down by around 50% in most of the suburbs we […]

The Ugly Truth about Granny Flats article debunked

granny flat

Propertunity response to this article which appeared on http://www.realestate.com.au/news/the-ugly-truth-behind-homeowners-growing-obsession-with-granny-flats Tim McIntyre: Before you start staking out your yard, you should make sure a granny flat will suit your situation, because once it’s built, both buildings are on the one title and can’t be sold separately. Propertunity: That’s true. Tim McIntyre: This means far less potential […]

Auctions – Beginners Guide

bid-bid

A majority of the hot spots in Sydney are primarily auction based in their preferred method of sale. This isn’t a coincidence. The vendors that are selling their property most likely bought the property at auction and prepare to sell via the same method. There are 3 phases to a successfully marketed auction property. 1. […]

“Off Market” listings

off-market-property

It seems to be the trending call of the typical Selling Agent or Buyers Agent. “I have access to an ‘off market’ listing”. What is an “off market” listing? This is agent jargon for a property that is exclusively listed with the selling agent but is being sold to their database without marketing. (usually for […]

End of winter 2016 update

winter blog

Winter 2016, just passed has seen: • A softening rental market • A severe shortage of quality stock • Rising sales prices In relation to a softening rental market, some of the reason can be explained by the number of investors in the market buying properties to rent out. Normally investors are 30% of the […]