On Track for a #1 Ranking in Concord.

 
Concord is truly our home, and we’re thrilled to be tracking to take out the #1 ranking in Rate My Agent’s 2023 Agency of the Year Awards, currently taking care of 35.4% of the suburb’s market share. 
 
Thanks to the community’s trust in our excellence, we’ve now reached 145+ sales for the year, shaking the hands of over 1,000 potential buyers who’ve walked through our doors to make their property dreams a living reality.
 
Just a glimpse of that reality for some of our valued clients includes:
•    Record price for Concord house at 22 Tripod Street, Concord selling for $7,700,000.
•    Record price for Concord duplex at 2A Gloucester Street, Concord.
•    Standout September sale at 41 Davidson Avenue, Concord selling for $3,535,000.

With Concord listings up 62.45%, we continue to shine as one of Sydney’s most sought after places to live - and it’s only going to get better with the construction of the Metro West throughout our neighbouring suburbs of Five Dock, Burwood North, and North Strathfield. In the coming weeks, we’ll provide all the insight you need on what Metro West will look like, and how it will transform Canada Bay into the epicentre of Sydney, benefiting residents, property, and business owners.
 
Register here to be first to know when our Metro West e-Book is published.
Our landlords remain well looked after with our rental performance delivering the highest standards with absolute efficiency, seeing our rental properties spend an average of seven days on market with us. This month’s standout is 12/64 Queen Street which was leased after one week, attracting nine applications, and yielding rental $30 above its original asking guide. 
 
To celebrate a thriving spring season, we’re offering complimentary market appraisals to anyone ready to plan the sale of their home, or simply prepare with the knowledge needed to make the right property decisions. 
 
Contact us today and book your free appraisal.

We’re planting the seeds of our market predictions for the remainder of the year. Here’s what’s set to bloom:
 
New listings to rise, auctions to follow

CoreLogic data indicates that the seasonal lift in new listings is set to peak, with the 28 days to September 4 recording 35,213 new listings across the country.
 
The figure is impressive given it is higher than the equivalent period in 2021, 2020 and 2019, and the same trend is expected to flow through to the auction market, bringing a fresh bunch of new homes to market for keen buyers.
 
Long-term owner-occupiers are more likely to sell
 
This is because property owners who have held their property for longer are more likely to have made gains, irrespective of the market environment playing much of a role in their decision to sell. 
 
Supporting this, recent research provides evidence of home values trending higher over a significant period of time, recording increases of more than 380% in the past 30 years. 
 
Seller flexibility will maximise spring sales
 
The gap between initial listing prices and contract sale prices for properties has increased at -4.0% nationally, and this tells us that sellers have to be willing to re-evaluate price expectations in line with the market. 
 
Similarly, auction clearance rates across Sydney have been consistently below average, despite the strength of our local results rising above these each month.
 
The bigger picture is clear - serious vendors maintaining a realistic perspective, coupled with an expert marketing campaign will stand out most in the competitive spring selling environment.