Welcome Welcome to our local property newsletter. Here we report on local property trends and things happening in the area. This edition includes closing sales results and statistics for 2016, our market prediction moving into 2017 and some local businesses worth visiting.
Grant Borley T 02 9908 6051 M 0422 917 288 E grantborley@mcgrath.com.au
The Local Market ‘Sydney real estate is like gold’ is John McGrath’s opinion. In which case Roseville Chase, Castle Cove and Middle Cove are a few of the many ingots that Sydney comprises of. Over the past four years Sydney property prices have risen 64% according to CoreLogic RP Data and your local area has also shared in the increased property prices in line with this greater trend. There have been some amazing results across all prices ranges which has been predominantly driven by low stock levels, low interest rates and foreign buyers. Many people have been holding off selling because they’re concerned they will not find anywhere suitable to move to. However, I have had many clients capitalise on
the buoyant market resulting in premium sales. Some have then rented temporarily giving them time to search for their next home, others we match to upcoming properties before they go to market. Another option is to employ a buyer’s agent. The right one will do the ‘leg work’ for you and help increase your chances of securing the right property once you find it. For a detailed insight of what to expect for 2017 including tips on prospective real estate hot spots please call me for a complimentary copy of the 2017 McGrath Report. Wishing you all the best for 2017.