Property market update 2023

 

With over 28 years of experience in the real estate industry, my passion for property continues to grow, and I am eager to share my knowledge and experiences with you. As a licensed real estate agent at Marriott Lane Real Estate, I have dedicated the past 28 years to specialising in the lower north shore area.

Throughout my career, I have witnessed the ups and downs that come with the unpredictable nature of the property market, especially in recent years with the impact of the pandemic, global shifts, and rising interest rates.

Sydney Property Market

Throughout this roller coaster ride, I remain optimistic. There are positive signs and key indicators that can provide guidance to both buyers and sellers in this ever-changing landscape. For instance, I have noticed a surge in open inspections, indicating a strong interest from potential buyers. Additionally, property values have started to stabilise, creating a more balanced and favourable environment for buyers.

It’s also worth noting that the supply of available properties has become limited, offering unique opportunities for those looking to sell and downsize and enjoy the advantages that come with it.

Investors can take solace in the high demand, ensuring a thriving market. Landlords can also find comfort in the strength of the rental market, which continues to provide excellent opportunities.

At Marriott Lane Real Estate, we take great pride in delivering exceptional client service and striving for outstanding results, regardless of the market conditions. Our focus remains unwavering, and we are committed to helping our clients navigate the current real estate landscape.

I hope that by sharing my insights, buyers and sellers can gain a better understanding of the current real estate market and make informed decisions.

Watch my video to learn more about the Lower North Shore market.

View my profile here.
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