What’s happening in the market right now?

What’s happening in the market right now?

With interest rates holding instead of rising, we seem to be returning to a more normal property market.

This means the top 20% of properties will continue to yield strong sales prices, mid-range properties will be up and down and the lower end of the market will be unpredictable.

Due to steadier interest rates, studios and one-bedroom apartments are more likely to be purchased by first home buyers than investors, especially those that are well-presented.

In the downsizer market, properties with beautiful views and a lift are highly valued.

With the weather warming up, you can expect more activity in the property market in the coming months.

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