Property correction underway No, it’s not what you think. Prices in Sydney and nearby regionals like the Central Coast & Newcastle are not falling, but I do think they are correcting. This present boom in prices I believe is a correction following on from an extended flat period in the market from 2003/4 to 2012. […]
Effects of stamp duty relief for FHB from 1 July 2017 The last time the NSW government did this, it was at the early stages of a boom around the time of the GFC. It had the effect of increasing house prices by at least the stamp duty and FHB grant amounts. This time however, […]
Back at the beginning of Winter in June 2015, I posted a blog on why I did not see Sydney being in a “bubble” https://www.propertunity.com.au/is-sydney-in-a-property-bubble/ At that time we had experienced 7-8% in Sydney for the year to date. Since then we have experienced a very busy Winter period. We put this down mostly to […]
Alternatively, if the vendor is set on going all the way to auction, then attempt to buy the night before auction day, with the threat (which you must keep if challenged) that you will not be attending the auction. As Buyers Agents, we regularly are successful in all these tactics and more.