The SydneyLinks real estate team is no stranger to change, in fact, we welcome it. Change is a constant in our industry and a portion of our time is dedicated to ensuring we are all up-to-date with the latest tenancy laws, industry compliancy, the best technology to facilitate our work and as always, current Covid restrictions.
With interest in the property market, during Sydney’s latest lockdown, remaining high, we decided to take a look at why the eastern suburbs remain popular.
In the past week attention has been on Sydney’s West and South West as the latest pandemic outbreak flourishes in these areas. Over the weekend however, attention has shifted to Bondi Beach as locals blatantly disobey current restrictions to outdoor activites.
Currently in the middle of a tight government lockdown, interest in property remains in high demand. Vendors, buyers and renters alike continue to show up at open homes.
The good news for property owners is that sales are up! But, for the first time, we are experiencing a market where rental properties are not dictating sales.
In recent years Haymarket has seen a surge in interest from developers, investors and first-home buyers with the revitalisation boom brought upon by the billion dollar redesign of Darling Square.
The relief we have all felt as Covid-19 has come under control and vaccines are in sight is a much needed and welcomed feeling amongst our local community.
The SydneyLinks real estate team is delighted to announce that our entire team is currently setting up Property Tree for use across the whole business. This software streamlines our processes and makes information easy to access for you.
While the price property in regional Australia grew three times as fast as expected, prices in Sydney in 2020 increased on average by 4%. In 2021, we expect this trend to grow.
With interest rates near zero, the economy injected with massive amounts of stimulus and hope in sight for the fight against Coronavirus, confidence is returning to the property market and prices have started to rise once again.