With reports from the media coming in every direction giving you conflicting narratives on Sydney property market, who do you believe? Ray White Surry Hills is dedicated to giving an upfront and transparent recommendations of market trends to ensure that our community is kept up to date with what to expect.
We all know the saying ‘never settle for second best’ and it couldn’t ring more true in regards to locating your next home or investment. We sat down with Teresa Natoli, Sales agent from our Surry Hills office to ask her professional advice. Teresa provides an insight into finding your new home from an inner city professional.
Teresa shares “we have seen growth in the first quarter of the year, and felt that supply and demand is high. Reflective from open for inspection results seeing crowds of 20-30 potential purchasers.” From her 162 Wyndham Street, Alexandria home, 1 bedroom 1 bathroom terrace house with potential to renovate, “already a number of contracts have been issued prior to the property going to auction in three weeks’ time!”
One of the best pieces of advice that Teresa can offer to people potentially looking to buy was, “look at as many properties in a 2-3 week span, and gauge comparable sales. Get the best knowledge on what you want, and go for it with everything you have! Either you miss out… but you’re confident that you tried. Or you go for it, and get it – then can look forward to enjoying your Saturday’s off.”
Unfortunately our crystal ball is broken and can’t tell us whether the property market will be better or worse from day to day, but we can assure you that there is no better time than now to take the plunge, and enjoy the experience.
Introduction and Key findings After a tumultuous 12 months for Australia’s property markets, 2019 looks likely to be a year of greater stability. That’s not to say prices won’t fall further, but the pace of those falls will slow in the first half of 2019 before we move into another … Read more
The housing market slowdown in Melbourne and Sydney is dominating headlines, but the reality is the market is highly divergent. On one hand, Sydney prices have declined by 7.4% year-on-year, while on the other extreme, Hobart continues to surge, with prices rising by 16.1%. Pricing data is … Read more