Sell with Confidence
Read More
News

What happened to the markets in January 2013?

By Jessica Ridder

Market Review –

Sales figures in Sydney during December were impacted by the strong selling season in Spring resulting in fewer properties available in December. The rest of Australia reported a stronger activity level reflected in attendance at opens and the sheer number of offers that were being negotiated.

In the Blackheath area we also noticed a shortage of property in December resulting in fewer sales. January, however has seen a big turn-around with more property available – in fact we just started our open homes campaign for our March 2nd AUCTION EXTRAVANGAZA, where we will be taking 6 properties to Auction on the same day, representing our largest auction in over 12 months.

Also of significance in December was the strengthening investment market. It appears that the long predicted move of people coming back into investment property, as the difference between property yields and interest rates continues to widen, is starting to gather momentum.

If you would like a more detailed report on the local property market call the office on 02 4787 8797 or e-mail jessica.ridder@raywhite.com and request a free Suburb Snapshot.

Up to Date

Latest News

  • Blue Mountains property market update – August 2024

    Unseasonably hot August auctions! Bidders flocked to the streets in crowds across the country today, with many agents and auctioneers commenting on confidence in bidding and the feeling of Spring in the air. Australasia’s largest real estate group reported a preliminary clearance rate of 70 per cent nationally. The city … Read more

    Read Full Post

  • Blue Mountains property market update – June 2024

    Blue Mountains property market June 2024 – If the first weekend of winter was a sign of things to come then we are in for a strong Winter selling season. In the Blue Mountains many buyers started their long weekend by inspecting a property for sale. Inspections rates were definitely … Read more

    Read Full Post