Are rising property values your chance to upgrade?

Are rising property values your chance to upgrade?

17 Sep 2014 By: Greg Hocking 0 Comment

The property market continues to bloom with strong clearance rates and buyer competition that has led to many sales – particularly auctions – being clinched by prices that exceeded expectations.

Buyer activity will continue to build in the weeks ahead and we will likely see many more pre-auction offers from buyers who want to avoid runaway auction scenarios. Buyers who are intent on purchasing before summer would be well advised to make sure they’re subscribed to our Express Alert service which ensures new listings hit their inbox ahead of the wider public.

The strong auction results are prompting a new wave of property owners to consider their real estate plans, with many sensing an opportunity to upgrade. RP Data has shown that the upper end of the market is performing well with the top quarter recording the highest growth in values so far this year.

Similarly, property owners who are ready to downsize have been inspired by recent results to make their move in order to capitalise on the spring market momentum.

Achieving a great sales result can give you more options when it’s time to select your next property. For an obligation-free chat to hear how we can help, call us today.

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Greg Hocking

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