Ray White Killcare Peninsula

What’s happening in our market? A very happy new year from all of us at RayWhite Killcare Peninsula! We hope you had a fantastic 2019 – a year that went by in a flash for us, with plenty of real estate highlights. We are transitioning into a busy summer after having a record spring selling season. There are significant factors that are going to create the perfect ‘sellers’ market’ this year: 1. Approximately 80% of our active buyers are from Sydney and have been conditioned by that market. The Australian Financial Review (AFR) is predicting 8-10% growth in the Sydney market for 2020, which gives buyers great confidence in the Killcare Peninsula market. 2. The Reserve Bank has signalled its commitment to providing the necessary stimulus to avoid an economic downturn. The AFR is predicting a 25 or even 50 basis point interest rate cut over 2020, another confidence boost for our buyers. 3. There are very few properties for sale on the Killcare Peninsula which creates a competitive environment and can drive prices upwards. This summer is shaping up to be the best opportunity to sell your property in the last three years. If you are considering selling, we’d be delighted to provide you with a no obligation appraisal and marketing plan. We truly understand all that our wonderful area and local community has to offer and are passionate about creating lasting relationships with our clients. We very much look forward to assisting you. Lea Turner, Selling Principal 0487 072 474 |  lea.turner@raywhite.com