Low supply drives competition during lockdown

We’ve transacted seamlessly throughout a full month of lockdown restrictions, exchanging 4 properties in the past week, and ending July on figures that surpass our total sales for the whole of 2020.

We exchanged 15 properties this month, three of which were off market, while the median price for Wentworth Point rose yet again. 

The market’s resilience, buyer confidence, and vendor savviness have come together harmoniously to serve all parties, and we’ve worked closely with both our buyers and vendors to guide them carefully through this period to successfully achieve their real estate goals with confidence and ease.

The low supply market we’re now operating in has produced limited buyer choice and is generating firm competition, seeing some pay record figures for the right property.

Read more about Wentworth Point’s price trajectory and how the current market environment can benefit you as a buyer or seller in our exclusive July report. Click this link to download it.

We have a number of new listings joining the market in the coming weeks as owners look to capitalise on the low supply, high competition environment.  

If you are considering selling, we welcome you to get in touch for expert advice on how to make the most of now, no matter your goals. 

Download our exclusive Market report for July.

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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