Shona Stephenson Shona Stephenson

Your Empire April 2024 Property Market Report

Property Market Insights April 2024:

Thank you to THE EXPATRIATE Presenters: Lauren Staley (Melbourne) Infolio Buyers Agency, Chris Gray (Sydney Your Empire), and Zoran Solano (Brisbane) Hot Property Buyers Agency for putting together this fantastic YouTube Movie to help you through all the hype about the Australian Property Market to help you make informed decisions about purchasing, investing or selling property in Australia. In the video, the specialist will cover the following topics and offer the following tips, insights, market trends, opportunities and strategies for you to consider;

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“Money is made in the buying”

“Money is made in the buying,” says Lauren Staley, from Infolio Propertyn Advisors.

Investing in property isn't about timing the market; it is about buying well. This doesn't merely imply snagging a property at a bargain price; it's about securing the right property for a fair price. The money is made in the buying. Seek sound advice, commit to your investment, and focus on quality acquisitions. Follow this process, and you will achieve success.

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Shona Stephenson Shona Stephenson

Property Market Report March 2024, from CoreLogic and THE Expatriate Property Specialist.

Exploring the Australian Property Market: March 2024 Reports

In the dynamic landscape of the Australian property market, staying informed is crucial. Delve into the latest insights and statistics with our two exclusive Property Market Reports for March 2024.

Gain valuable perspectives as we present the data from CoreLogic Australia alongside firsthand views from our property specialists based in Sydney, Melbourne, and Brisbane. Stay ahead of the trends and make informed decisions as we dissect the intricacies of the current property market in Australia.

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A-grade homes remain scarce.

Infolio November Property Update - Melbourne

Despite the increase in on-market housing stock during the spring, the scarcity of top-tier family homes in blue-chip areas remains a persisting issue, one we anticipate dealing with in the foreseeable future. Why? It's a straightforward equation: limited supply combined with rising demand due to migration means there isn't enough inventory to meet the market's growing need. In addition, vendors only sell when they can see suitable properties to move into are on the market.

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Competitive auctions are back, but not for all Melbourne properties.

Competitive auctions are back, but not for all Melbourne properties.

We a property it at approximately $3.45 million, possibly even $3.5 million, amid competition. To our surprise, the bidding war concluded at a remarkable $4.3 million, leaving the vendor thrilled and neighbouring property owners reevaluating their price expectations.

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June Your Empire Market Report Shona Stephenson June Your Empire Market Report Shona Stephenson

Your Empire June Market Report

June Your Empire Market Report

What are the key takeaway tips?

The market is on the run, driven by the under-supply.

Sydney has increased 4.5% in the last 3 months, with Melbourne +0.9% and Brisbane 1.4% also recovering strongly.

It is important to note that the market has seen 3-4 months of positive growth.

It is not too late to get into the market with RBA increasing interest rates by .25 essential points for the cash rate, now is a good time to buy.

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