What’s driving the eastern suburbs property market?
There were fewer transactions in the Sydney property market in 2022, after the boom of 2021, due to rising interest rates and reduced buyer sentiment. We noticed that many people were sitting on the sidelines, waiting for the market to turn, due to low volume levels and low buyer demand.
Dover Heights Property Market 2023
House prices in Sydney’s Dover Heights are moderately stabilizing after two years of rapid growth, making it one of the top 10 most expensive suburbs. There were only 28 properties sold in 2022, totalling $213,500,000 in gross sales.
How did the east suburban property market fare in 2022?
Real estate is among the most sensitive sectors of the economy to interest rates. For instance, in 2022 we experienced eight consecutive increases to combat inflation, which still impacted home prices in Australia.
Sydney’s eastern suburbs property selling season data
We dive into the Sydney and eastern suburbs listings numbers to find out how spring is tracking, typically the busiest time of year for real estate
In times like these, should you invest in real estate?
According to the Australian Census Bureau, 2.2 million Australians are considered millionaires,and their median net worth is $273,900, which is higher than Belgium, New Zealand, or any other country in the world.
The Real Estate Market Downturn: How Does It Compare To The Last?
Sydney’s median price lifted another 3.2% in the first two months of 2020 – the median price rising 12.7% in just eight months. Then, COVID hit hard.
Buying a property with a partner
In recent years, buying a home with a partner has become quite common. As exciting as it may be, partners must understand the legal implications of dual ownership.
How to add value to your property
If you’re thinking of selling, you’ll want to get the best price possible for your home. Now is the time to consider ways in which you can add value to your property without breaking the bank.