Sydney Real Estate Services – Investors Return to the Sydney Property Market
Sydney real estate services
Investors are returning to the Sydney property market recognising that there is a current window of opportunity to purchase well priced properties with great potential to rise in value over the next 12 months. Buyer demand is strong and as interest rates are expected to fall over the coming year, buyers should have more money to spend.
The Sydney real estate services is experiencing a revival with sales activity up by nearly a third on the same time last year. The number of new listings is up, although the supply of older stock remains low. This is helping to support Sydney prices through their recovery and a growing number of sellers are now taking advantage of the stronger buyer demand to sell at a higher price.
The Benefits of Using a Sydney Property Buyer’s Agent for Your Next Purchase
Rentals continue to be a struggle for Sydney tenants with the latest data showing vacancy rates at record low levels. This is a result of both high rents and the lack of affordable housing options. A combination of these factors is leading to an increasing number of families feeling the stress of not having a safe and secure place to live.
For investors, townhouses in the inner-west suburbs of Marrickville, Dulwich Hill, and Petersham are likely to offer good capital growth prospects as they offer a mix of affordability, proximity to the CBD, and ongoing gentrification. Boutique apartments in lifestyle-focused suburbs with a focus on work-from-home options, private courtyards, and proximity to cafes and restaurants should also perform well.