April Market Update

Wayne: Hi it’s Wayne Browne from Prudential Real Estate and today I am joined by Shelby Cockburn who is sitting down with our team to ask them a few questions about what they have experienced in the market this last quarter.
Shelby: Great to be here Wayne!
Shelby: So Nick, what have you found to be the most interesting trend in the local market for the last quarter?
Nick: Over the past few months we have seen a substantial increase in inquiry numbers for house and land packages and off­plan sales. We are receiving an excellent level of buyer interest for the house and land packages located in the new Harmony Estate in Cobbitty, with most interest coming from out of area first home buyers looking to move out to Sydney’s south­west.
This is mainly due to the affordability, growing infrastructure and return on investment achievable across the region.
Shelby: Natasha, how would you describe the level of buyer activity we have experienced?

  • We have seen increased buyer activity in the local market
  • Average number of buyers
  • Link to 29 Azalea Place, Macquarie Fields ­ a ‘top pick’ property from last month which had 27 groups inspect the home and achieved $620,000.

Shelby: Wayne, what is the one key tip you have for homeowners looking to prepare their property ‘for sale’?
Wayne: Well Shelby, the most important thing to remember is that you don’t get a second chance to make a first impression. Presentation can make all the difference in achieving a top price.
Buyers will always pay a premium price for a well presented home because it becomes an emotional connection. So when preparing your home,
* remember to declutter your home so as to show the true size of each room. Spend on necessary repairs so as not to highlight any negatives and lastly, make sure your home looks good to potential buyers

  • Link to property­ 13 Jinkins Place, Ambarvale­ sale price achieved for effort placed into presenting the home neatly.

Shelby: Thanks for your insights team. From our team at Prudential Real Estate we look forward to seeing you out and about!

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