Last week was very heavy in the market, next week is also big.
So this week is a “Marketnews lite” with Gina, Mal, Sim and Randall, out and about assessing some homes and asking one question of the agents:
So what’s the good news?
Here are their answers.
Simon Carruthers – Cayzers
Middle Park, 80 Nimmo
“People are still coming through opens – it’s a matter of us agents putting the deals together.”
Andrew Campbell – Marshall White
Brighton, 54 St Andrews
“There’s opportunity right now if you’re upsizing or downsizing. I have more off-market than on-market as vendors don’t want it public. We won’t know when the market will settle, until after the July holidays.”
Tony Hocking – Pride
Elwood, 102 Addison
“The world keeps rolling on. Good properties still sell in a tight market, as people always want to buy good properties.”
Geoff Cayzer – Cayzers
Albert Park, 10 Philipson
“Prices are still outrageous – no negatives here, just no stock. “
Mark Josem – Jellis Craig
Camberwell, 19 Kintore
“There is still good energy when the buyers see value.”
Nicole French – Marshall White
Hawthorn East, 11 Leura
“It’s a great time to upsize.”
Duane Wolowiec – Marshall White
Surrey Hills, 36 Ross
“The quality properties that are presented well, marketed correctly and priced sensibly by the owners, are still selling well. “
Danielle Balloch – Jellis Craig
Kew, 68 Fitzwilliam
“It’s a good time to buy because if you’ve got interest in a property, the chances are you are not going to have competition and you just negotiate. If you buy and sell in the same market then it’s good news.”
Andrew Gibbons – Marshall White
Kew, 25 Kent
“The sun makes us all happy. Hey, life is good – all the homes look better in sunshine and the moods improves.”
Sam Wilkinson – Kay and Burton
Camberwell, 10 Victoria
“4 out of our last 5 have been off market sales with realistic sellers, as they as have adjusted to meet the market.”
Geoff Hall and Isabella Lu – Kay and Burton
Canterbury, 1 Flinders
“There’s good buying opportunity right now. The market is not going to stay down like this for too long because the fundamentals are strong – low interest rates, good population growth and confidence in the economy. It’s the lull before the market picks up next year.”
Michael Gibson – Kay and Burton
Off Market Toorak
“Clearance rates reflect a 24 hour period. If they had 100 auctions over a 7 day period instead of one day, then the clearance rates would be significantly higher.”
James Redfern – Marshall White
Glen Iris, 26 Maitland
“When the market starts to get a little bit flat there are opportunities for everybody, sellers and buyers. People can trade up and people can get into the market.”
Hugh Hardy – Abercrombys
Armadale, 10 Munro
“Prices have steadied and there is an opportunity to get back into the market.”
Joanna Nairn – Marshall White
Toorak, 1 Selwyn
“Suns out, life goes on, perfect days.”
Will Bennison – Jellis Craig
Armadale, 21 Hume
“It’s a good time to be buying as there’s less competition. Good houses in good locations always sell well.”
Bill Xian – Abercrombys
Toorak, 13 Bruce
“Still doing deals with Chinese people.”
John Manton – Marshall White
Malvern, 18 Plant
“Good properties in good locations are going very well – we just need more of them and then we can give more sellers a decision to make.”