Wollongong Residential Market Update - June 2017

Daniel Hastings and David Geary | 2 years ago
Wollongong Residential Market Update - June 2017

In our June update David and Daniel talk about where the market is? Over the last 4 years the real estate market has seen a steady growth and strong activity, and we haven't seen the usual seasonal changes throughout the year. With winter approaching and tax time looming the market has softened slightly.

 

What does this mean for sellers?

  • Slightly longer sale periods, less buyer activity.
  • Slower growth but still expected up to 3% over the next 6 months.
  • Marketing strategies and pricing are the key to a successful result.

 

What does this mean for buyers?

  • A little bit of extra time to make a decision but if you procrastinate you will miss out.
  • Competitive prices.

 

Need selling advice?

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