Market Low Down
PROPERTIES UNDER $600,000 ARE HOT PROPERTY AT THE MOMENT IN AND AROUND THE NEW FARM AREA.
INCREASED BUYER ENQUIRY
There has been an influx of enquiry for properties in the sub $600,000 price range and I have had great success in selling properties of this type in recent weeks.
RETURN TO FIRST HOME BUYER AND INVESTOR CONFIDENCE
Confidence is once again returning to the property market resulting in two key groups,
- Investors
- First Home Buyers
actively property searching, and ready to make an immediate purchase decision.
Apartments in the inner city fringe are highly desirable for property investors due to the high rental returns and low vacancy rates that exist.
First home buyers and outer suburban buyers looking to upgrade into the entry level inner-city fringe property market are again buoyed by the return of 95% lenders that will provide finance on a lower ‘deposit to property purchase price’ ratio. For you, this means that the market has opened up to many buyers who, due to the effects of the Global Financial Crisis, were previously unable to obtain finance for their purchase.
SALES RESULTS
Last week I listed a property for a list price of $570,000 in Teneriffe. Within 24 hours of the property appearing on the internet, I had taken a prospective Buyer through and was presenting an unconditional offer to the client.
This property sold for $560,000 - unconditional, settling in 30 days.
While buyer enquiry is high, the negotiation skills of your agent will be most important in obtaining not only a buyer, but the best price, the best conditions and the quickest settlement timeframe.
Please give me a call on 0407 489 992 or email jason@allbrisbanerealty.com.au if you would like an obligation free appraisal on your property.
SELL OR RETAIN FOR INVESTMENT?
I can also be of assistance in the decision process of whether to sell your property or keep as an investment. I have a highly expert and skilled property management team that can provide superior property management services should you be interested.
Jason Bond
DIRECTOR/PRINCIPAL
All Brisbane Realty, New Farm
All Brisbane Realty is a boutique agency specialising in residential sales and property management. Based in the heart of New Farm, we pride ourselves on our extensive local and real estate market knowledge as well as our flexibility to move with the ever-changing pace of the real estate industry. We truly understand the need to deliver superior sales and property management service to our clients.
