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Who sells their property in winter?

Smart people do!
Well at least this winter, if you do decide to sell, you would be considered a savvy vendor.

Winter weather has been relatively mild with few rain days, so most properties are still very presentable. Traditionally people wait till Spring, but I stress traditionally because now it’s not just the weather that affects the sale price.I would argue that supply and demand is one of the major influences on property prices. In recent months in the Sutherland Shire and across Sydney open house numbers have dramatically increased, days on the market have significantly reduced and prices are on the up, up, up!

If you are thinking of selling, I ask you this question, do you think you will get a better price in spring when you could be competing with lots of properties in a similar price range but the flowers are blooming in your yard? Or do you think you will get a better price in winter, when there are just a few similar houses on the market and an abundance of buyers clammering for the same home, your home?!

And just to throw a spanner in the works this spring, we have a federal election. Every time there is an election, the few weeks either side of that date, (for whatever reason) buyer activity drops off.

No year is ever the same with economic and political circumstances affecting the supply and demand of the real estate market, but this year, most agents are seeing a shortage of good properties to sell and very competitive bidding from buyers.

HSBC this week dropped their 2 year fixed rate to 4.59%! Who would have thought a fixed rate under 5% was possible even 12 months ago! It is now cheaper to have a mortgage than pay rent for a lot of people in a lot of suburbs in Sydney. This will only encourage more buyers into the market this winter.

So if you are considering making a move this year, I would encourage you to do it right now!

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New listings, Open House Times

Beach & Bay Realty has two new listings that we are proud to present and a whole bunch of open houses tomorrow Saturday 29th May so I thought I would set them all out in a blog.

NEW LISTINGS

4 Loch Lomond Crescent Burraneer (Images 1 & 2)

An exclusive 5 bedroom waterfront in Burraneer. Situated on a huge 917m2 block commanding stunning panoramas – just imagine your summers spent here!

1 Lilli Pilli Point Road Lilli Pilli (Images 2 & 3)

As new, 3 bedroom architecturally designed home with luxury inclusions such as in-ground pool.

OPEN HOUSES

4 Loch Lomond Crescent Burraneer

4 Loch Lomond Crescent Burraneer

1 Lilli Pilli Point Road Lilli Pilli

1 Lilli Pilli Point Road Lilli Pilli

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This Week: Open For Inspections

Beach & Bay Realty are proud to present the following properties open for inspection this week;

1. 669 Port Hacking Road, Caringbah South with Kylie Emans

This original 2 bedroom house is going to auction this Saturday 15th May at 10am.

The last open house before the auction will be held Wednesday 12th May 10:00 – 10:30am.


2. 307 Woolooware Road, Burraneer with Natalie Vials

This exceptionally private 3 bedroom townhouse with modern inclusions is for sale by private treaty.

The next open house will be held Saturday 15th May 11:00 – 11:30am.


3. 111 Kangaroo Point Road, Kangaroo Point with Kylie Emans & Natalie Vials

This 4 bedroom executive house enjoys waterviews of the Georges River & enjoys lifestyle inclusions such as plunge pool, wine cellar, outdoor spa. For sale at $2.1mil

The next open house will be held Saturday 15th May 12:00 – 12:45pm.

4. 107 Kangaroo Point Road, Kangaroo Point with Natalie Vials

This outstanding 4 bedroom Sammut Development waterfront is for sale at $3.45mil.

The next open house will be held Saturday 15th May 1:00 – 1:30pm.

669 Port Hacking Road Caringbah

307 Woolooware Road, Burraneer

111 Kangaroo Point Road, Kangaroo Point

107 Kangaroo Point Road, Kangaroo Point

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