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📈 South Australia's Christmas Property Market Update! 🎄🏡 Adelaide's property market is heating up, with an 8.6% rise in sales this September compared to last year. The surge in new listings has continued for five months, making it a promising season for buyers and sellers alike! Key insights: Hot Spots: Adelaide – Central & Hills saw a 19% increase in listings, while the North rose by 18% and the South by 11%. Buyer Trends: Interest is growing among interstate buyers prepping for a new year in SA, with more attending open homes. Auction Popularity: Auctions are on the rise, with Ray White Woodville reporting a near-perfect clearance rate. High-End Market: The top-tier market is moving fast, with buyers acting quickly and being well-prepared. As we approach Christmas, the outlook for Adelaide's property market remains strong. If you're buying or selling, this could be a great time to make your move! 🌟 #AdelaideRealEstate #PropertyMarket #SAHousing #ChristmasSales

What a stunning Autumn weekend it was in Melbourne, with over 1,000 auctions gracing our vibrant city. And guess what? We saw a preliminary clearance rate of 60% recorded by Domain – talk about kicking off the weekend in style! Now, let's talk numbers. April has seen Australian home values continuing to trend higher, with Melbourne's property market stabilizing and almost every capital city recording stronger growth conditions. Despite high interest rates and affordability concerns, housing values keep climbing due to the persistent mismatch between supply and demand. But here's the good news for buyers: confidence among sellers is on the rise, leading to a surge in new listings hitting the market. In Melbourne alone, total listings were 12.8% higher than last year, offering prospective buyers more choices than ever before. And brace yourselves, because the volume of auctions across the country is set to rise this weekend, with over 2,200 properties scheduled to go under the hammer. So if you're looking to make a move in this dynamic market, don't hesitate to give us a call. We're here to help you every step of the way! [email protected] 0412204121

Spring Property Bounce Back   It feels like Melbourne is teasing us with hints of spring, followed by strong reminders of the cold days of winter. In the property market, however, spring has clearly arrived with the number of homes up for auction last week jumping to 1,114 - the most since before Easter.   It’s been a similar story across the country with the number of properties up for auction up by 13% and it was the fifth busiest week we’ve had this year according to Core Logic. A total of 864 auctions were held in Sydney, up 11.3%, and Brisbane took the lead among the smaller markets, hosting 172 auctions, with Adelaide boasting 82.2% clearance rate from 153 auctions. Nationwide there has been a 5.8% rise from last year and 16.5% higher than the average of the past five years.   Melbourne is now driving through about 1,300 auctions this week. More homes mean buyers have more choices, but sellers might face tougher competition. They will have to navigate a busy market, especially since more homes are expected to become available in the spring and early summer. So what does this mean? It’s a great time to buy! More stock = more opportunities and therefore a greater likelihood that a fantastic home or investment is there for you. #Auction #FinanceTips #MortagageBroker #BorrowingCapacity #HomeBuying #FinancialTips #MortagageAustralia #RealEstateFinance #financebroker #BuyyersAdvocate #finance #propertyReserch #BuyersAgent #BuyingHome #firsthome #firsthomebuyer #Melbourne #croidproperty #AuctionResoultMelbourne #Conveyencer #propertydata #Auctiontips #PropertyDataAnalysis #corelogic #rpdata #Propertyexpert #SpringSale #realestate #domain #propertyInvestmentStrategy #propertywealth #positivecashflow #propertygrowth #propertylocation

🏡 The Sydney Property Market is Softening – Is This Your Opportunity? 🏡 Last week, 1,108 homes went under the hammer in Sydney, making it the second busiest auction week of the spring selling season and one of only three weeks this year to see over 1,100 auctions.  However, here’s the kicker: the preliminary CLEARANCE RATE came in at just 63.4%, the second LOWEST of the year (following 62.7% in early October).  This dip in auction success signals a SOFTENING MARKET —an ideal environment for SMART BUYERS. If you’ve been holding off, now might be the time to SECURE A GREAT DEAL before competition heats up again.  Let’s talk opportunities—whether you're looking for your first home, an investment property, or your dream upgrade, the right timing can make all the difference.  Feel free to reach out if you want to explore what’s available!  [email protected] #SydneyRealEstate #PropertyMarket #AuctionResults #BuyingOpportunities #Roseandjonesbuyersagents

Here’s why Sydney’s Eastern suburbs property market presents good opportunities for buyers right now.

📢 Why Now is an Excellent Time to Buy a Home in Sydney and Melbourne For those considering buying a home, current market trends indicate that now could be an ideal time. Sydney and Melbourne are experiencing fewer bidders at auctions and an increase in property listings, creating a more favourable environment for buyers. Key Points: - Auction Dynamics: Sydney averages 3 bidders per auction, down from 3.3 last year; Melbourne averages 2.5, down from 2.9. - Increased Listings: Sydney had 399 Ray White auctions in May, up from 292 last year. Melbourne hosted 616, up from 429. - Expert Insights: Ray White’s chief economist, Nerida Conisbee, notes that more listings are reducing the number of active bidders per auction. With stagnant price growth and high interest rates, buyers have more leverage and negotiation power. CoreLogic’s Eliza Owen emphasizes that fewer bidders and lower competition make it a less stressful and more affordable time to buy. Market Outlook: AMP’s Shane Oliver points out that while the current market conditions are favorable, potential future interest rate hikes could influence this dynamic. Considering buying a home? Let's discuss the opportunities and what this means for you. #RealEstate #PropertyInvestment #HomeBuying #SydneyRealEstate #MelbourneRealEstate

Being on the ground and seeing a sale in action allows me to better understand what's happening in the market. Based on my research in this area of Melbourne, most buyers were purchasing for themselves - first home buyers, downsizers and people moving sideways. I only came across 1 investor. The auctions lasted from 25-45 mins. At one of the sales, it wasnt until 4 mins into it that a buyer put their hand up (pretty awkward...but it ended up selling). Bidding increments mostly ranged from $500-$10k and I even saw a couple bidding who were doing their calculations during the auction (hot tip: always go prepared and have a walk away number. It's a bit of a psychological game between all parties). Auctions are a common sale method in Sydney and Melbourne, everywhere else you'll tend to find private treaty is the go-to. Auctions scheduled for Saturday 12th October: - Sydney, 1052 - Melbourne, 1066 - Brisbane, 160 - Adelaide, 121 - Canberra, 100 If you're bidding you've got to be buyer ready and registered (One buyer missed out on the registeration cut off time and thought the property would sell for more once it was sold so she was serverely disappointed). The winning bid is an unconditional sale therefore no P&B, finance or any other clauses can be negotiated into the sale. Many might think it's the best way to sell a property but it's not always the case. It depends on the campaign leading up to the auction, how much interest there is, how the property is presented and more. Clearance rates this weekend were low across the country aside from Adelaide where 74% of auctions had a sold outcome followed by Sydney at 64% and Melbourne at 60%. Above 70% is a sellers market and below 60% is a buyers market. #buyersagent #auction #property #firsthomebuyer #realestate #melbourne

In this case study, we look at how Martelli & Co Buyer's Agents helped Angela and Robert secure a family villa in a highly competitive auction. Angela and Robert had spent over a year looking for the right home in the Mount Albert Grammar Zone for their family but were missing out on multiple homes that went above their expected budget. They also struggled to find a home that met their needs and they were aligned in what they both liked. A beautiful villa on the coveted Violet Street came to market and ticked all of their boxes, but was also exceptionally popular with over 160 buyers visiting in the first two weekends. The home was the most viewed property online in New Zealand for an entire week and drew crowds of people, and media attention. Working efficiently through due diligence, we presented a very compelling pre-auction offer to ensure we could move faster than other parties and reduce competition. Our bidding techniques and understanding of the market value helped us to outbid other buyers and purchase the home within our client's budget. You can read more success stories here: https://lnkd.in/gSNu4wXY #buyersagency #dreamhome #aucklandproperty #martelliandco #buyersagentauckland #aucklandrealestate #buyersagent #auckland #realestate #propertymarket Alexandra Vincent Martelli Karin Attwood

Sydney auction results Feb 24,2024 Mixed results. Dramatic differences suburb by suburb and also in types and values of properties. In summary, cheaper one and two bedroom properties are selling to first home buyers, if the price guide is right. 3 bedroom apartments and townhouses are selling for good prices, if they are priced sensibly. The buyer pool for these types of properties is downsizers and young families who cannot afford a free standing house. Neither group has as much to spend as a couple of years ago. The downsizers have seen lower prices achieved for their homes and young families are battling with the banks and effectively borrowing less. Houses between $3mill and $6 mill are getting fewer inspections and buyers have less to spend. Properties over $8 mill are still selling like hotcakes. Again, you need to price guide sensibly however there are still plenty of cashed up buyers at the top end of town. https://lnkd.in/fRX6RAZ #house prices; #mosman and Cremorne sales

With 30%+ of properties selling pre-auction, buyers are securing deals earlier. 📊 The Sydney Auction Market Update.... The latest auction results show a clearance rate of 70.6%, with 296 properties selling prior to auction—highlighting the increasing trend of vendors negotiating deals before auction day. This shift suggests that in the current market, there’s a real opportunity for buyers to secure properties earlier in the campaign period. A notable recent sale was 44 Union Street, McMahons Point, which sold for $12.6 million. A stunning home, and for those able to invest at that level, certainly a property that justified the price. As we head into the end of the year, it will be interesting to see how these trends evolve. How are auction results shaping up in your area? #sydneyauctions #houseprices #realestate #buyersagent #buyersagentsydney #mosman #northernbeaches #northshore #lowernorthshore #esternsuburbs #innerwest #relocationservices #relocation #sydneyproperty #sydneypropertymarket #propertyinvestment #buyersagentmosman #marketresults #markettrends