PK Team Buys $43 Million worth of property for their clients in June
Our Purchases for June and half of these were Off Market
19 Calvert Parade Newport $8.5 Million
40 The Grove, Mosman guiding $8 to $8.5 Million
3/73 Lauderdale Avenue, Fairlight guiding $6.5-$7 Million
9/110 North Steyne, Manly $4.8 Million
19 Thompson Street, Mosman $4.3 Million
83 Ferguson Street, Forestville $2.95 Million
4 Colwell Crescent, Chatswood $2.5 Million
35 Westmoreland Avenue, Collaroy $2.24 Million
39 Ronald Street, Greenwich $1.9 Million
1/324 Pittwater Road, East Ryde $1.25 Million
This sort of says it all, the market is good everyone, stock is low and not everyone is on Job Keeper and Job Seeker, or in tourism and hotels.
As restrictions ease, I have noticed a lot more buyers coming into the marketplace and properties are selling very quickly. I have never seen so many off market properties before, vendors still prefer private appointments due to covid-19, and do not feel comfortable entering into expensive marketing campaigns and open inspections.
Buyers understand finance is taking a lot longer at present, and they are asking for a lot more information than usual, so make sure your finance is up to date before exchanging a contract.
PK's Property Market Predictions
I am very positive on the property market at present and believe that up until Christmas and for the duration of 2021, capital gains will be strong.
The only caveat I put in place here is if huge volumes of stock come on to the market, and I am hearing from agents that this is not going to be the case.
PK's Hot Property Tips
It's time to buy everyone, start getting your finance approved and get out house-hunting to find that dream home or investment property. Better than that, call us and we will do everything for you.
Call me today for a confidential chat in regards to helping you purchase your next home or investment property on 0419 200 018.
To check out more of our market updates, hot investment tips and negotiating tricks, click here for our home buyer advice articles or call one of our Buyer's Agents today on (+61) 9960 1066, or email us so we can help you find the right property at the lowest possible price.
Also don't forget to check out our 300 plus testimonials and recent client savings from the past 23 years.