Sales Market Update
Many people have been asking us - “How has the market started in 2018?”
The press had a field day talking the market down in late 2017 and early 2018. The deluge of stock that hit the market in spring has now virtually all been sold.
The old phrase demand versus supply never changes. The oversupply has now gone, new buyers have entered the market place and the normal Summer/Autumn supply levels are on offer.
2018 has started with a quiet optimism. No surprises from the RBA leaving interest rates on hold at record low levels for the past 18 months. The IMF has a rosy assessment of the economy, inflation is low and business sentiment is improving. If what we are seeing out and about at our inspections is any indication, we believe the market will be balanced with an air of enthusiasm.
We have listed some quality homes in premier locations and believe this end of the market will continue to resist any change.
Some of our beautiful homes quietly on offer include:
• 25 Denham Place, Toorak
• 42 Rockley Road, South Yarra
• 1215-1217 Malvern Road, Malvern
• 2 Woodstock Street, Canterbury
• 371 Highett Street, Richmond
• 79 Pauls Lane, Dixons Creek
To find out more, or if you are looking to sell or buy, quietly and discreetly contact one of our team on 9864 5300.