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Hello,
John McGrath: Record level of $1 million-plus sales
Almost one in two houses and one in five apartments in Sydney have sold for $1 million or more over the past year, according to new research from CoreLogic which reveals a record number of $1 million-plus sales across the country over the 12 months to June 2017.
CoreLogic predicts an even higher number of $1 million-plus sales next year. Good quality property will continue to rise in value – over time; and yes, that goes for Sydney too. Prices can and will go higher in the future.
If you are interested in knowing the what your property could achieve in this market, please call me on 0413 156 456.
Kind regards,
Alister.
P.S. Check out all off market property offerings (not advertised) on www.facebook.com/alisterbarrettrealestate
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| Sydenham to Bankstown redevelopment study: developers could add 25,000 more homes |
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Developers will have appetite for 60,000 new high-rise dwellings along the controversial Bankstown rail line redevelopment, or nearly 25,000 more than the community has been told will be constructed, according to a previously unreported study commissioned by the state government.
The state government maintains only about 35,000 dwellings will be built in the Sydenham-Bankstown redevelopment over two decades as 11 stations such as Dulwich Hill, Campsie and Bankstown are redeveloped into a metro project.
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| Click here to read more.. |
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| Stamp duty cuts working for first time buyers |
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Stamp duty cuts and concessions in NSW appear to be working well, with new statistics showing a substantial increase in the number of first home purchases. The latest Housing Finance figures released by the Australian Bureau of Statistics cover the month of July, which was the first month that stamp duty changes became effective in NSW.
The number of first homes financed in July was 1,950, which was a significant increase (28%) on the 1,528 in June. We haven’t seen a number this high in about five years. |
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| Click here to read more. |
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| High-End Styling is no Longer a Luxury When it Comes to Effective Project Marketing |
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The rise of social media, coupled with a real estate-frenzy, has exposed the teaming masses of aspiring Sydney property buyers to a new level of design. Now, in one of the world’s most expensive property markets, a high-end interior is no longer an option in marketing projects; it’s a necessity, says MCM House founder, Charlie Hinckfuss. |
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| Click here to read more.. |
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| CoreLogic - Housing Market Update - September 2017 |
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Watch the latest Housing Market Update for Sydney.
The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of August, released September 2017. |
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| Click here to watch the video.. |
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| Knowing when it's the right time to sell |
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How do you know when it’s the right time to sell your property?
It’s the million-dollar question that thousands of homeowners across Australia ask themselves every day, particularly as debate swirls about the direction of the housing market. |
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| Click here to read more.. |
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ERSKINEVILLE 72 Albert Street |
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| A rare and exciting opportunity exists to purchase a freestanding warehouse residence in Erskineville's exclusive Golden Triangle. Presenting boundless potential and unlimited possibilities, it is privately placed in a highly sought-after enclave....... |
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NEWTOWN 204/359 King Street |
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| With its sensational sunsets and abundance of natural light, this sleek apartment exudes a relaxed holiday like ambiance. It offers enjoyable stay at home time, while its ultra-convenient setting is a stroll to great cafés, restaurants and Newtown Station.... |
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LEICHHARDT 3/1 Hubert Street |
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| House-like proportions, sleek European aesthetics and a vibrant village address all combine to provide an outstanding lifestyle choice in this chic warehouse converted apartment. Promising ultra-convenience, it is placed within a stroll of Norton Street.... |
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SYDNEY 152/336 Sussex Street |
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| Enjoying a dynamic inner city outlook from the 15th floor, this elevated apartment apartment combines a modern open plan layout with natural light and quality finishes. It enjoys walk-to-everywhere convenience and is only a stroll from Darling Harbour.... |
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LILYFIELD 31 Percival Street |
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| Exceptionally located in a sought-after lifestyle pocket, this beautifully presented residence provides an idyllic family sanctuary of light, space and versatility. It is placed within a stroll of shops and popular cafés, while moments to quality schools.... |
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MARRICKVILLE
$1,300,000 |
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LILYFIELD
Price Withheld |
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EARLWOOD
$1,725,000 |
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BIRCHGROVE
Price Withheld |
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DULWICH HILL
$1,400,000 |
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CROYDON
Price Withheld |
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NEWTOWN
$1,650,000 |
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DULWICH HILL
$935,000 |
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ABBOTSFORD
Price Withheld |
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