As Buyers’ Agents, we regularly receive emails about properties for sale both from private sellers as well as from selling agents. Over 6 months ago, we received such an email from an out-of-town agent about a house for sale in the Northern Districts of Sydney. According to the agent: “The feedback and comparisons indicate 1.3 to […]
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Imagine it empty
Property styling or ‘staging’ is an increasingly common occurrence these days. For those not familiar with this concept, this is basically when a seller pays a professional to ‘pretty up’ the property ready to be put on the market. This styling or staging often involves the following: de-cluttering re-painting the house a neutral colour palette […]
Prime land always an attraction
A clue that a house is probably beyond salvage is when the online ad only has 1 picture of the front or the back of the property. Such was the case for 15 Woodside Avenue in Lindfield on Sydney’s Upper North Shore. This 2 bedroom full brick house on 887 m2 of land and only […]
Breathtaking views… at a breathtaking price!
On Saturday, a 1 bedroom / 1 bathroom unit with no parking was sold at McMahons Point for $715,000. The living area had spectacular views of the water and the bedroom also had views – of the Harbour Bridge. The complex of only 6 Units is on waterfront with ownership of a jetty as well. […]
Young home buyers out in force
As real estate agents, we are always asked how the property market is doing. Unfortunately, there is never one single answer that covers all of Sydney. The most accurate answer we can give is that “it depends”. The property market is travelling at a different pace across different suburbs and also across different price brackets. […]
Aussies love Auctions. It’s pretty much a Saturday sport for some. And why wouldn’t we love Auctions? It’s full of action, drama and those nerve wrecking last minute wins. As Buyers Agents, we regularly bid at Auctions throughout Sydney on our clients’ behalf. This gives us a unique insight into the ‘games’ that are commonly […]
Look for the ‘EXIT’ when you buy!
When people are looking to buy properties, they are usually focused on the ‘entry strategy’. This is especially the case for owner occupiers and first time home buyers. However, odd as it may sound, we like to remind our clients that they should also think about the ‘exit strategy’ BEFORE they make the purchase. By […]
State of Play
We’ve seen a marked shift in the residential property market over the last 6 weeks. The exuberance and excitement that we saw in the year leading up to May 2010 has definitely faded. Sydney auction clearance rates hit 80% in May and by June, many Sydney suburbs had seen 15-20% gains since August 2009. In […]
Interesting facts about real estate in other countries
We always find it interesting to compare and contrast real estate markets in different parts of the world. While the Australian property market generally functions well, there are still things which we can learn from others – both in terms of our strengths and weaknesses. In this blog, we take a little ‘tour’ of real […]
Quote them low and watch them go!
40 Forsyth Street in Glebe was sold at Auction this past Saturday in front of a packed crowd of about 150 people. I first inspected this property several weeks ago on behalf of my clients when it was advertised as “over $500,000”. Within minutes, it was obvious to me that this property was worth much […]