We exchanged two properties over the last week - 301/4 Nuvolari Place, Wentworth Point and 802/47 Hill Road, Wentworth Point.
Within a lockdown environment that is set to continue into the coming weeks, the positive sales activity and trends we examined in last week’s monthly July report remain. This week saw 11 sales in Wentworth Point, compared to five new listings, and a fall in active listings to just 94 in total as demand consistently outstrips local market supply.
A large component of sustained buyer confidence can be attributed to people now prioritising their own proactive research on the market, and gaining the knowledge to take well-informed steps towards the right purchase. This insight is coupled with higher savings deposits, greatly helping many reach their home ownership goals quicker.
An important part of the research process is working with agents who understand the area. Buyers we’ve built relationships with this year continue to seek our property advice on all aspects of buying, including connecting with financial brokers and conveyancers, having ongoing visibility of what’s on the market, and knowing when they are well positioned to buy.
Does this sound like information that can help you? Reach out to us today for a complimentary 30 minute telephone/video call session on the property market. Even if you’re simply thinking about a purchase, we want to hear about what your vision looks like, and equip you with the guidance you might need to get your journey started at a pace that works for you.
