Insights

Properties On Market:

The number of properties listed remains moderate, influenced by cautious seller sentiment and a leaner spring stock than expected.

Family Homes: Increasing demand, especially for homes with office space and proximity to schools.

Apartments: The market shows stability, though older stock may require pricing adjustments to compete with new developments.

Prestige Market: Luxury homes see steady interest, driven by local and international buyers.

Market Conditions:

Buyer Activity: First-home buyers and investors are re-emerging, fuelled by slightly improved lending conditions.

Sellers: Those who list now are capitalizing on limited competition to maximize buyer focus.

Forecast: With the festive season approaching, November and early December auctions are crucial for sellers looking to finalise deals before the year’s end.

For those considering buying or selling, now is a great time to assess opportunities as we approach the tail-end of the spring market. Reach out for personalised advice tailored to your property needs!