belle mosman village marketplace report

a word from david

a lack of quality stock is having a significant effect, resulting in more buyers

competing for fewer homes. there is an exceptional window of opportunity this winter

for sellers to capitalise on this market dynamic before the spring season, when we

traditionally see the largest volume of new stock coming onto the market for the year.

the february and may interest rate cuts provided further confidence, with the

availability of fixed rate loans hovering just above 4% proving very attractive and

fuelling extra demand.

ex-pat enquiry is the strongest we have seen since the gfc. with a favourable

exchange rate for ex-pats real estate is 20% cheaper than it was two years ago and

this is encouraging those living and working overseas to buy their future homes now.

we have had more than 700 enquiries on the 155 middle head development since its

launch in february, and over 1500 enquiries on our sommar development in harbour

street. a significant number of these enquiries have been from local downsizers

returning to our property market following many years on the sidelines after the gfc.

if you are considering selling this spring, please call me for a confidential discussion

and a complimentary market appraisal on 0414 992 920.

david smeallie

senior sales executive

0414 992 920