Market Insights

While Sydney property is booming, the market is divided as to whether the bubble is on the verge of bursting or if property will continue to grow.

With property prices quickly moving out of reach for the average Sydneysider, buyers are learning to be flexible with their approach to home ownership.

Buying a property is an emotional experience, because it’s probably the biggest investment you’ll make in your whole life.

Whilst Sydney’s rising house prices may be concerning to first home buyers, we have to recognise that Sydney is now an international city. Like New York and London, certain parts of the city will always be unaffordable to all but overseas billionaires and the international jet set.

If you often read property investment articles or watch the media, you will hear the term “Property Hotspot” often used to describe a region or little known property market about to ‘boom’.

New laws in NSW have come into effect from January 1st 2016, in an attempt to prevent selling agents from price underquoting. This practice has been blamed for causing many consumers much disappointment, when the house of their dreams sells for far more than they hoped it would.