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| CURL CURL | ||||||
| 8/64 Carrington Parade | ||||||
| Off Market – Contact Agent | ||||||
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| CURL CURL | ||||||
| 5/62 Carrington Parade | ||||||
| For Sale – Open Wed 12pm Guide $1,900,000 | ||||||
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| CURL CURL | ||||||
| 3/64 Carrington Parade | ||||||
| For Sale Off Market | ||||||
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| FRESHWATER | ||||||
| 5/110 Lawrence Street | ||||||
| Auction | ||||||
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| QUEENSCLIFF | ||||||
| 2/63 Crown Road | ||||||
| SOLD | ||||||
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| CURL CURL | ||||||
| 6 Adina Road | ||||||
| Sold At Auction $6,663,000 | ||||||
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| QUEENSCLIFF | ||||||
| 2/117-119 Crown Road | ||||||
| $1,300,000 | ||||||
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Last week, multiple central banks had to make a decision on whether to up interest rates or keep them the same, prompting a major shift in the global economy.
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In High Demand:
Currently after our high end auction result at 6 Adina Rd Curl Curl – $6,663,000, we have a huge demand for finished or “turnkey” wanted homes rnaging from $3,500,000-$12,000,000
There is also a thirst for down size style of apartments ranging from $1,700,000-$3,000,000, and lastly, a want for renovation or knockdowns $2,000,000-$3,500,000
Own something like this, please give me a call and there is a very high potential your property can be offered on within days due to our exceptional wait list.
Expect the Unexpected…
Against all trends and forecasts, the local property market has not been what was forecast.
The expected natural increase in spring and summer stock levels has not occurred, and with an also expected increase from inflation, interest rate and cost of living pressures – stock increase has also not been seen.
With only 10 weeks of safe selling time left before Christmas, buyers are surprised at the lack of stock levels available.
Properties are coming on only sporadically and are having the ability to be patient and with little competition.
Current Summary Available:
Suburb Houses On Market Off Market Units On Market Off Market
Freshwater 6 7 5 1
Curl Curl 2 3 1 1
Queenscliff 1 0 4 3
North Curl Curl 3 0 2 0
North Manly 1 1 0 1
Buyer levels are high with apartments, as we have had two recent campaigns with 95 and 87 groups through respectively.
Houses are tracking well with high numbers over a two week period. Generally speaking buyers are being selective and bidding their time.
Shane Oliver – financial economist still warning that the RBA has an ability to increase rates as USA, UK and NZ rates are over 5.00% whilst the RBA sits at 4.10%.
BUYERS AGENTS:
The growth of this industry is mind blowing, with boutique popping up everywhere. Established and well orchestrated in the USA, selling a property is uniquely different, as there are listing agents and buying agents, and equally both get paid the same.
Our company has been dealing with buyers agents, those established almost 20 years ago, and more recently up to 25 different outfits.
They offer many different services such as:
* Searching for a property based on set criteria
* Bidding on property at auction or negotiating prior
Buyers Agents are in touch with every agent and are aware of properties on the market, coming to market and or off market.
They are all completely different and personalities, style and connections are also uniquely different. This is an industry that looks to continue to grow at unbelievable levels. Many BA’s seem to have been selling agents prior and this can provide helpful experience in acquiring a home for a client.
We have referral agreements with multiple buyer agency groups, and we can assist matching the right style of person to work with you.
A simple coffee meeting with a buyers agent can assist the time poor individual and open your eys to several available properties off market. This can be seen as an advantage, and reduce competition.
We are pleased to be able to assist with a discount coupon to be presented to your choice of Buyers Agent.
Conditions:
1. Call James Smyth 0408 007 390 to discuss best fit
2. Email introduction to follow
3. Coffee meeting arranged
4. Make your personal choice
5. Provide the Coupon and Code to the BA. This will be validated by the BA.
