With only 5 weeks to go until Christmas it is a busy time of year, with gift shopping, festive get-togethers, last minute house cleaning before the in-laws arrive and holiday planning.
The local property market is busy also, and is showing no signs of slowing in the lead up to Christmas. There are a host of factors that are driving the current market, including record low interest rates, the upgrade of the Great Western Highway, reducing commuting times, unaffordable Sydney house prices and our proximity to Sydney. Sydney has the strongest economy in Australia with an unemployment rate of just 5%. This has supported continued demand for owner occupied homes and rental properties in the local area.
If you would like a more detailed report of the local property market call the office on 02 4787 8797 or email jessica.ridder@raywhite.com and request a free Suburb Snapshot.
With the first hint of autumn in the air the Blue Mountains is experiencing a shortage of homes for sale that creates a real opportunity for seller to capitalise before the traditional influx of new stock comes to the market in mid Autumn. Blue Mountains property market March 2024 Blackheath … Read more
Blue Mountains property market July 2023 The Blue Mountains is ever popular among Sydney buyers and with the shortage of homes for sale that we are currently experiencing this is a real opportunity for seller to capitalise on the strong winter trading conditions. Blackheath has shown strong growth recently, with a … Read more