$88M Worth of Sales in Four Months.

We entered 2023 with a vision to power through a moving real estate market, and we’re now seeing the results of what our tireless commitment to excellence looks like. With a third of the year now passed, our agency has sold over $88M worth of real estate, and we’re just getting started.

Our standard is set from the top, and last month Director, Dib Chidiac was recognised as the #3 Top Residential Agent in NSW by the AREAS - a tremendous achievement that continues to inspire exceptional performance throughout our agency. 

When it comes to listing and selling properties, we’re the frontrunners in every single suburb we’ve listed and sold in over the past twelve months, and that’s because we’ve focussed our efforts on building a deep understanding of local markets, an unstoppable asset when it comes to buying or selling a home. According to Rea Stat, the homes we look after are spending far less days on the market than those listed elsewhere, and we know how important time is.

It’s not just sales yielding impressive results, and our property management team continues to see much higher than average weekly returns on rentals as they support landlords to navigate a quickly moving rental market that has skyrocketed over the past few months. Feats like these are a much needed reminder that no matter the market, people’s real estate goals are always waiting to be actioned. All they need is someone with the courage and expertise to pick them up and make them a reality.

Feeling more confident in the market’s direction and where we can steer things for you? Talk to us today about buying or selling.

April brought some valuable insights you should know about the market - let's get across it:

Interest rates

The decision by the Reserve Bank of Australia (RBA) to resume interest rate hikes on Tuesday has caught both borrowers and financial markets off guard, following a temporary pause last month. This move marks the 11th increase in the last 12 months, with the cash rate target rising from 3.6 to 3.85 per cent. Notably, interest rates have not been at this level or above since May 2012, when they were reduced to 3.75 per cent.

Sydney prices

Sydney house prices rose by 1.3% over April according to CoreLogic data released on Monday. 

A property rebound is beginning to gain strength again, after prices fell 1.2% just three months ago.
 

Future price projections

Sydney house prices could gain as much as 5% this year as population pressure outweighs the effect of higher interest rates according to revised CBA forecasts.

More evidence is surfacing, suggesting the downturn is over and a rebound in the housing market is beginning to take shape with the upwards shift in prices arriving earlier than expected, indicating that home values bottomed in February.