Market Update 23rd January 2024

Even though we are going through cost of living challenges, this didn’t stop households spending on pools in the last year with a 13% increase in the last year. Pools add a considerable amount to the sale price of a property and it was the most searched keyword by homebuyers on real estate websites.

https://www.domain.com.au/news/how-the-great-swimming-pool-boom-just-made-an-even-bigger-splash-2-1345488/

First homebuyers challenge is to save up enough money for their first home deposit. Many buyers struggle because of their money habits which they’ve built up over a number of years.

https://www.smh.com.au/money/planning-and-budgeting/bad-with-money-try-answering-this-deeply-personal-question-20250117-p5l58u.html

Our group block syndicate strategy continues to be popular with our investors. We are currently looking at a block of four art deco apartments and we may have one opportunity available for $675,000. An inferior property sold at 2/85 Westbury St in St Kilda East sold for $925,000 creating instant enquiries in for our syndicate buyers.

https://www.realestate.com.au/property/unit-2-85-westbury-st-st-kilda-east-vic-3183/

 

Life is complicated. Buying property doesn’t have to be.

That’s why your first meeting with Advantage Property is free. No gimmicks, no hard sell, just a face-to-face conversation where we find out more about your property dreams and you get to know us a little better. Don’t waste time going to another open inspection. Send us your contact details and we will arrange a meeting with our expert buyer’s agent team today.