DibChidiac® Quarterly Rundown.

We’re all asking the same question, where has 2023 gone? Entering our final quarter for the year, it’s fair to say the pace has been fast across every arena - from life to work, and market movements.

PEAK PERFORMANCE

We sold $60M worth of real estate over September, as the 25 properties wearing our SOLD sticker makes for the most successful month DibChidiac® has seen since opening. 

Combined with July and August, our September quarter ended with over 60 properties sold and $138M in sales, and the huge number of attendees walking through our opens remains a testament to the bustle the market is attracting. Here’s our standout sales:

  • An off-market sale of 25 Macnamara Avenue in Concord saw it change hands for $4,908,000 to a proactive buyer from our database.
  • The development site at 12 Alton Avenue, Concord, fetched $4,025,000 at auction, setting a new record for the street's highest sale price.
  • The sale of 28 Iandra Street in Concord West reached a record-breaking $3,800,000 for the street.
  • An impressive sale of $3,500,000 was achieved for the duplex property located at 382 Great North Road, Abbotsford.

THE COMPETITION ENDS WITH US

Core Logic’s September 2022-August 2023 tells a compelling story of our rise as we’ve reached a peak in sales, recording a staggering 25.25% in sales volume and an impressive 26.14% in sales value, leaving our closest competitor at 12.62% and 17.1%, respectively. 

When it comes to real estate, our leadership is undisputed, and our extensive network of active buyers and sellers is just the tip of the iceberg when it comes to what we have to offer. unparalleled service and award winning team to list a few. 

We’re always expanding our repertoire with driven individuals who love real estate. If you want to join our team, no matter what your skills are from sales to media, get in contact with us today.

PLANNING A CHRISTMAS CAMPAIGN

A pickup in homes coming to market in spring will not stop prices growing, so now is the time to consider a Christmas campaign. There’s about a week left to showcase, sell, and settle before Christmas, and around 13 action-packed weeks for all other 2023 campaigns. 

If you are ready to buy, or sell your home, act now with us by your side. Contact us today to find out more about how we seamlessly connect people with homes.

WHATS NEWS?

Missed the news recently? We’ve got you covered.

While the RBA held the interest rate at 4.1% for fourth straight month, rising property prices and wage growth has fuelled the NSW Labor government’s first

Budget hand-down, with increased stamp duty and payroll tax the major drivers behind an extra $17.6 billion rolling in over the next four years.

When it comes to inflation, the annual percentage fell to 4.9% in July, from 5.4% in June, which is positive news for our economy and future movements of the RBA.

Sydney’s home values are now higher than a year ago, rising 0.7% over the past 365 days (to August 27), which marks the first positive annual growth since prices started falling last year.

Posted on Friday, 06 October 2023
by Dib Chidiac in Latest News

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