A Bird's Eye View of This Year.

Reflecting on an unforgettable twelve months of change, unpredictability and uncertainty, 2020 tested the ability to adapt, strengthen and continue achieving for many beyond our bubble. We appreciate the shared challenges faced and conquered, and the learnings cultivated from what will remain a unique period which enabled us to grow - not just in size - but professionally and personally.

January – March

Undeniably, the year began with the market’s documented resurgence as our national property values increased 11.2%, with Sydney leading the country. We experienced unmatched demand that set a promising climate for the coming months, but as the unexpected force of the pandemic began to rear in March, Australia implemented unprecedented restrictions including a temporary ban on public open home inspections and auctions. Despite the overnight halt to the norm, buyers and sellers retained their trust in our ability to guide them. Our performance levels remained consistent as interest rates were reduced to 0.50%, and off market sales dominated the field.

Total sales: 35 | Total combined value: $60,760,500

April – June

Amidst a shift in the way in which the real estate industry was able to operate, adaptation and continuity were our primary focuses in quarter two. We tapped far into our technological potential, successfully conducting remote auctions through live streaming, telephone bidding and online bidding, and providing virtual inspections across all online platforms. Locally, we led the market. Ranking number one, and higher than the market average across multiple performance areas, we firmly secured:

- The highest number of listings SOLD in our local area (20)

- The highest number of NEW listings in our local area (32)

- An average sales price $300K higher than the market average of $1.2M

- More property page views and enquiries compared to the wider market average

Total sales: 36 | Total combined value: $52,055,000

July – September

 In a post-restriction environment, our numbers flourished and stock remained at steady levels. With the market displaying significant strength in deflecting any longterm impact, many began to realise the truly resilient foundations of our market. The nuanced balance of supply and competition intersected during the Spring period, alongside further cuts to interest rates sitting at 0.25%. Our market environment demonstrated a point of true advantage, afloat and with plentiful opportunities for those well-positioned. In quarter three of 2020, we sold more properties than we did during the same 2019 period through Sydney’s notable price surge, reinstating our confidence that the year would only get better.

Total sales: 45 | Total combined value: $74,693,000

October – December

With the publication of positive October figures on the market’s rebound, quarter four delivered success on all fronts. Interest rates took another historic cut to 0.10%, and personal income tax cuts were announced in the Federal Budget as we marked the final three months of the year with unparallelled achievements in sales: November took out our highest performing month ever on record, with 27 sales compared to 11 in November 2019 - that’s almost a property for each business day.

Total sales: 43 | Total combined value: $70,767,500