What we are seeing… “On The Ground”:

Stock levels continue to remain very “tight”

Open Home Inspection No’s are “huge” especially for “A Grade” residential property

Increased presence of First Home Buyers, Investors, International Purchasers & Expats in the market

Noticeable increase of parents at Open Homes / Auctions with their children purchasers

Increased Financial Support by parents to their children purchasers

Some evidence of “Mortgagee in Possession” Sales (no signs of sale price discounts)

Increased No. of “Off Market” & Pre-Auction Purchases

Shortening of Sales / Auction Campaigns (reduced days on market)

To learn more and keep up to date with the latest property trends, contact Michael, Principal Buyer’s Agent at Real Property Buyers.