July 2023 Community Newsletter - Nathan Simon Property Team

MARKET REPORTjuly

Nathan’s Market Wrap-up

July seemed to fly by and we certainly saw some interesting conditions in the marketplace during this past month.

Despite a pause in the cash rate, which in the past has sparked a buyer frenzy, we saw a subdued level of interest from buyers in the marketplace. We noticed an increase in the number of inspections required to secure a solid offer with a gap forming between buyers and sellers once more. A great example of this is the sale of 38 Pathfinder Road which took 27 inspections to secure 1 offer (which purchased this home).

Moving forward we are expecting to see an increase in the stock levels as we move closer to the ‘Spring Selling Season’. What we hope to see is an increase in buyer confidence to absorb the increase in stock and hopefully stall price softening within the marketplace.

- Nathan

LOT 81, RIVERINA ESTATE FOR SALE

FOR SALE

rba holds cash rate.

July, to the relief of homeowners and buyers alike, saw the cash rate rises pause as household inflation started to level out. The Reserve Bank of Australia decided to hold the rate at 4.10% and as we head into August we can breathe easy knowing it remain the same for yet another month. Buyers can feel at ease when buying into a more static borrowing environment, so this may be a good time to consider selling.

If you’re feeling the heat of the financial state of the country and are considering selling to relieve the burden, get in touch and I can talk you through your options to find the best sale process for your individual situation.

0407 760 435 | nathansimon.au

nathan.simon@allpropertiesgroup.com.au

Dean was the lucky winner of our Christmas in July Giveaway of the Ultimate Dreamworld Experience!

Here he is with his family already enjoying the annual passes for Dreamworld that he received as part of his huge prize valued at over $2000. We hope they enjoy the rest of their winnings and can’t wait to see what experience they do next!

Stay tuned for future giveaways and events by following us on our social media channels.

WINNER!

Nathan Simon All Properties Group

EXPERIENCE THE Difference

Fantastic service from start to finish!

From the first meeting, we felt confident we had the right person to sell our house! And we were right! Nathan and his team had great communication with us every step of the way, we were always kept informed, and they also dealt with our millions on questions along the way! If we ever sell again they will be my first call, we can’t recommend Nathan and his team highly enough.

66 Fountain Street Sellers

spring listing offer

Now is the time to prepare your home for a potentially high octane Spring season! Our team sees massive potential for sellers and buyers to capitalise on the changing market and we want to make sure you’re represented in the best way possible

That’s why we have a special offer we would love to discuss with you, sms ‘SPRING’ with your address to book an obligation free meeting.

0407 760 435

auction private treaty Vs

494 GAINSBOROUGH DRIVE SOLD AT AUCTION FOR $777,500

property details

LIVING SPACES SOLAR POWER

details 502

With the Auction marketplace only allowing on Average 20% of the marketplace to ‘compete’ for the opportunity to buy your home, our unique MarketBuy platform allows 100% of the buyer marketplace to compete on your home.

What would you rather higher competition and prices, or focus on a cash sale and potentially cost yourself 5-10%?

| JULY 2023

BOOK MEETING

COME SEE ME PLAY AT CELEBRITY BIG BASH

Join us August 27TH at the Alberton Ormeau Cricket Club to watch Nathan play cricket amongst a wild group of celebs and local legends for a great day of fun in support this awesome club. How do you think I’ll fare?

Support the agent supporting our local community

The Nathan Simon Property Team proudly sponsor local clubs and organisations