As we approach the end of March, we’re reflecting on our success so far this year, closing the highest performing first quarter on record. With over 35 sales this year - including two exchanges this week (19/9 Blaxland Avenue, Newington and 506/57 Hill Road, Wentworth Point, off market) - these results are a noteworthy achievement amidst a changing economic climate that has endured ten consecutive interest rate rises over the past ten months, certainly bringing some challenges to different pockets of the property market.
Such positive outcomes show us both the undoubted resilience of the market, and the unwavering confidence of buyers who understand and trust that an investment in property is a safe choice in shielding many of the impacts of inflation. We’ve experienced a significant increase in first home buyers shifting from tenants to proud homeowners this year, and if this is a move you’ve been wanting to make but aren't sure about where to begin, get in touch with us and we’ll assist you in navigating the current market with ease.
When considering what may lie ahead in the coming months, we could see a pause on interest rate increases at next week’s April meeting after data released yesterday showed a promising fall in the rate of inflation.
There’s still plenty out there for you to see - including newly listed 607/1 Stromboli Strait (radiant and refreshed two bedroom in Paros), 329/26 Baywater Drive (two bedroom of simple luxury in Catania), 603/21 Verona Drive (one bedroom with water views in Yukon), and 504/19 Verona Drive (two bedroom with water views in Yukon).
