What does the election mean for the property market?

Our strong local market and thriving community continues to create the perfect conditions for eager buyers to seize opportunities to secure their future and enjoy a lifestyle that was once a dream. This week, three people fulfilled these aspirations, exchanging: 402/41 Amalfi Drive, Wentworth Point (1 bed in Paros), 201/1 Park Street North, Wentworth Point (1 bed in Regatta), and 230/2 Half Street, Wentworth Point (2 beds in Atlas) exchanged off market after the first inspection.

 

With the upcoming Federal Election, it's timely to address what an election could mean for the property market. Based on over a decade of experience observing how the market responds to the political climate, we do anticipate that buyers will have more comfort and certainty over the next four years post election. In the past, we have also observed the impact of political change creating momentum and reinvigorating buyer confidence and activity. 

 

For those already living in Wentworth Point or the local district, two convenient polling locations are accessible at the Pulse Club Centre and at the Wentworth Point Public school. View the full list here.

 

It was refreshing to share in community spirit last Sunday, as we raised over $600 in the raffle draw for Wentworth Point Public School. 

 

If you’ve been contemplating how you can make your property purchase goals a reality, now is a suitable time to talk to us about making your move. We’re pleased to be showcasing the following listing this week: 10098/5 Bennelong Pkwy (1 bed in One The Waterfront). 

 

Alexander Chidiac
When it comes to dealing with buyers and sellers in Wentworth Point, Rhodes, Newington and throughout this part of the inner west, Alex enjoys an exceptional reputation earned from over 10 years’ experience in the industry.

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