Your Summer Real Estate Wrap - Sam Oborn, Harcourts Adelaide Hills

YOURÂ SUMMER Real Estate Wrap

SPRING MARKET Wrap Up

Spring has lived up to its hype as selling season - with most properties listed online selling within a fortnight and with multiple offers.

It appears the low interest rates, reduced available stock and people seeking larger plots of land has sent the Adelaide Hills real estate market into a frenzy.

There has been steady growth in sales prices for the past 6 months with it not looking to slow down in 2020. A great time to sell if you’ve been sitting on the fence.

Thank you for all of your support over the year and particularly with Movember - we have raised nearly $3,000 over the last few years and your support and contributions don’t go unnoticed. Wishing you a very Merry Christmas and a Happy New Year. Stay safe over this festive period. @SAMOBORNHARCOURTS

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ADELAIDE HILLS SNAPSHOT. Median House Price.

$505K

up by 2.81% compared to this time last year

380

Properties sold in the last 3 months

$110,000 lowest released sale price in Spring

$2,300,000 highest released sale price in Spring

25

Less than this time last year

25

Average days to sell

LOOKING FOR A CHANGE THIS Summer?

Is Summer your season of change on the home front? We are here to help. If you're thinking of selling your home, call 0415 173 133 to book an appraisal today!

WHAT'S ON THE Market.

For Sale

582sqm

4

2

2

For Sale

1,572sqm

11 Springview Terrace, Mount Barker $699,000 - $749,000

65 Gould Road, Stirling Best Offer Before 23rd September at 5pm (USP)

For Sale

For Sale

3

2

2

14 Park Terrace, Mount Barker Best Offer Before 23rd September at 5pm (USP)

991sqm

3

1

2

37 First Avenue, Bridgewater $449,000 - $479,000

To view all the properties I currently have for sale visit www.adelaidehills.harcourts.com.au or call me on 0415 173 133 to let me assist you in your property search.

FEATURED Property.

For Sale

1,178sqm

4

2

4

15 Pine Street, Hahndorf Best Offer Before 16th December at 5pm (USP)

 To view all the properties we currently have for sale visit www.adelaidehills.harcourts.com.au or call me on 0415 173 133 to let me assist you in your property search.

SALES. SOLD

SOLD

122 Graeber Road, Charleston 4

45 Acres

2

20 Nairne Road, Woodside

$1,400,000

2

33 English Street, Hahndorf 3

2

2

Contact agent

47 Alfred Street, Parkside 3

1

2

$460,000

2

65 Gould Road, Stirling

Contact Agent

1,572sqm

SOLD

SOLD

434sqm

4

SOLD

SOLD

1,056sqm

1,065sqm

2

23 Shobbrook Road, FLaxley

Contact Agent

5.96 Acres

3

1

4

Contact Agent

TIPS FOR

Buying vs. Renting Buying Pros One day you’ll own your home – once your mortgage is paid in full, you’ll own your home and it may also have increased in value You can change the home to suit your needs – from painting, fencing and landscaping to renovations Security – no need to worry about leases not being renewed, making it easier to plan your future and consider things like pets and children Renting Pros Cheaper in the short term – at least up front if not week to week. Upfront you’re only required to pay a bond. You aren’t required to pay land tax, emergency services levy, rates and maintenance costs Flexibility – you’re not locked into a long term commitment. At the end of your lease you’re free to stay or move on. This allows you to move jobs, travel or simply change your mind Financial stability – no fluctuating interest rates, taxes and maintenance costs to worry about Buying Cons Upfront costs – you need to save enough for a deposit to even enter the property market. You’ll also need to consider other costs such as stamp duty and conveyancing The cost of upkeep – unlike renting, this falls on you.

There are many factors that will determine how much you spend in maintenance costs Your return on investment is not guaranteed – this all depends on how your area performs in the long run which sometimes can be hard to predict Renting Cons The home will never be yours – at the end of the day, you’re paying down someone else's mortgage.

You won’t be able to personalise your home – from things like renovations to owning pets Renting long term has its pitfalls – if you decide to rent until retirement, you will need to be able to afford to rent even after you leave the workforce @SAMOBORNHARCOURTS

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Your agent Sam Oborn

Residing in the Hills for his entire life, meet Sam, who’s not your typical real estate agent with a strong passion for helping people achieve their dreams. Formidable marketing skills, an impeccable work ethic and a talent for identifying his clients’ needs have set Sam on an impressive career trajectory selling rural and lifestyle properties across the beautiful Adelaide Hills, with a particular focus on Hahndorf.

And nearly a decade on and his drive and enthusiasm are stronger than ever. Following a successful career in the highly competitive wine industry that saw him working overseas and achieving top level results, Sam returned home to study a Master of Business (Property). To work as a valuer was his end game, but real estate had other plans. And so, he settled into sales as quickly and naturally as he settled his young family into the Stirling community. Sam is a passionate promoter of Hills living, citing the incomparable appeal of a country lifestyle within easy commute of the CBD, and the area’s solid track record for growth.

Radiating a refreshing modesty that cloaks his many talents, Sam nevertheless recognizes the importance of having complete confidence in your choice of agent. Run your eye over the multiple pages of reviews on ratemyagent.com.au and you’ll soon see that knowing your market, keeping you in the loop and negotiating happy outcomes are all in a day’s work for this seasoned professional. As for results, they speak for themselves. Working with a talented team is a bonus, a team that shares Sam’s vision for a better real estate experience and ‘gets digital’, creating effective marketing strategies that are right for your home.