I’m seeing a bit of a change in the Inner West market. Interestingly, stock numbers are still low but the clearance rates and sensibility seems to be correcting.
It’s good to see that main roads, flight paths and various other less desirable attributes are coming back into play now when making a buying decision.
It is still obvious that the better stock out there is pulling good sales prices but some of the less desired properties are either passing in at auction or spending a lot more days on market.
Don’t be fooled by the naysayers talk of a bubble burst. This is the Inner West of Sydney we are talking about. It’s just good to see from the front line that there is a lot more opportunity for buyers to make a considered decision before they commit to a property without the pressure of having to do things so fast that maybe some important items or factors are or were overlooked.
A skilled Buyers Agent can assist in the break down or due diligence on properties before you commit to a purchase.