Common Realty recently helped clients purchase a property at an exceptional price. Who knew you could save money in buying a property?
📍 Address: 83-85 Spring Street, Bondi Junction, NSW 2022
Same building, same layout, just 6 floors apart, both sold in August, but with a price difference of $560,000！
2007/83-85 Spring Street
Date：21 Aug 2024
Price Sold：$2,410,000
1407/83-85 Spring Street
Date：30 Aug 2024
Price Sold：$1,850,000 – Successfully purchased by David Lee for his client
💰 Saved $560,000！
📈 By leveraging market insights, expert analysis, and negotiation strategies, we help clients buy investment properties at the best price.
🌟 Is now a good time to invest in Sydney property? 🌟
The real estate market in Sydney is currently offering unique opportunities for savvy investors:
1️⃣ High-interest rates suppressing the market, creating investment opportunities
With the interest rate hike cycle ending, the current high rates are limiting buyer entry and slowing down market growth. Yet, for investors, this means a less competitive, more negotiable buyer's market.
2️⃣ Market recovery expected: Interest rate cuts and immigration policy revival
With anticipated rate cuts and the reintroduction of investment immigration policies, the Australian property market is expected to recover quickly, boosting demand on the market once these policies take effect.
3️⃣ Australian dollar is at a low exchange rate
The AUD exchange rate is currently low (AUD/HKD at 5.267; 2013 peak: 8.28; 2020 low: 4.66), offering a price advantage for overseas investors. This represents potential property appreciation and exchange rate gain.
Common Realty offers premium and personalized Buyer’s Agent services for overseas buyers, ensuring better outcomes on your journey of purchasing properties. Let us help you achieve your dreams of buying a property at the most competitive price.
For service inquiries, please contact :
David Lee ( WhatsApp/SMS): +61 426 898 168
Comments