Reaching New Heights.

We’ve had a momentous November, our highest performing month on record, with the tally of our current annual sales currently at 195 homes sold with a combined value of $445M, all with one month left to go.
 

Several properties made serious waves in the market this month, reaffirming the prestige that the Inner West holds as a simply ideal place to live. Check out these results:

  • 11 Dorking Road, Cabarita - $9,500,000 - This impressive sale not only secured its place as the second-highest sales figure in the suburb, but also the highest street sale, solidifying our agency’s ability to reach record heights.
  • 10-12 Malvern Avenue, Croydon - $5,200,000 - A sale which took out the highest suburb sale this year, as well as the second-highest on record. 
  • 120 Barker Road, Strathfield - $5,000,000
  • 17 Cross Street, Concord - $4,630,000
  • 64 Bayview Road, Canada Bay - $2,645,000
  • 151 Burwood Road, Concord - Circa $6,000,000

Such a multitude of outstanding sales truly showcase the diversity and strength of our local market, and our agency’s competence and consistency when it comes to achieving record results, time and time again.

 

Audi Five Dock & DibChidiac® Family Fundraiser

In the spirit of family this Christmas season, DibChidiac® is joining forces with its valued partners at Audi Five Dock to proudly co-host a Christmas charity event. Join us this Saturday 2 December, 11am-4pm, at Audi (1 Parramatta Road, Five Dock) for a meet and greet with Santa himself, a BBQ lunch, coffee and gelato, with something for everyone in the family. With 100% of donations supporting the Children’s Cancer Institute and the Zero Childhood Cancer Program - the only independent medical research institute in Australia wholly dedicated to curing childhood cancer - it is sure to be a special occasion that brings much needed support to a critical cause, close to our hearts. Click here to donate.

 

DibChidiac® Library Resource

Questions about real estate? The How-To Series in the DibChidiac® Library is live and growing. Whether you're a property owner or a tenant, these resources provide valuable insights into effective property management that will enhance your property experience. Click here to view the DibChidiac® Library.


News to know: 

Interest rates went up again

The cash rate rose from 4.1% to 4.35% this month as progress on lowering inflation had been slower than earlier expected. 

The head of the RBA has warned that keeping inflation under control is more difficult than anticipated, leaving open the possibility of a further rate rise. 
 

Aussie inflation rates are among the highest globally

Australia’s headline inflation rate is sitting up there with the world’s largest advanced economies, prompting economists to warn the RBA may deliver further rises in an effort to soften price pressures.
 

Rental prices have reached record levels

Sydney’s rental prices have risen more than 16% in the past year, while vacancy rates sit at near historic lows. 

Wage growth has climbed

Wage growth has reached a 14-year high, with the most significant pay increases for lower income earners.


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Posted on Wednesday, 29 November 2023
by Dib Chidiac in Latest News

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