Buyers Stay [ OPTIMISTIC ]

17 Mar

That heat wave we had last week was something else, right? It's been a welcome change to have cooler days and especially refreshing nights.

Despite all the talk about property prices climbing this year, the latest scoop from realestate.com.au suggests that more home buyers are feeling like it's actually a great time to dive into the market.

In the newest Residential Audience Pulse Survey, a whopping 40% of buyers are worried that property prices will shoot up in the next six months. That's a hefty 6% jump from the survey back in September 2023, showing that potential buyers are feeling the pressure.

This lines up with what the experts are saying in the industry. PropTrack economists are foreseeing growth between 1% and 4% in the next year. But here's the twist: despite these worries, a solid 35% of folks surveyed think now is actually a prime time to make a purchase, up by a whopping 9% from last quarter.

Despite some concerns, many buyers are still feeling optimistic about the market. Plus, the survey found that 23% of Aussie adults are actively looking to buy. Top reasons include wanting a new area (32%), financial gains (18%), downsizing (13%), retirement (12%), and upsizing (12%).

All in all, there are still plenty of people who think it's a good idea to buy now. Like the saying goes, "The best time to buy a home was 5 years ago. The 2nd best is now."

Reach out to us for a complimentary property price check or to explore your selling options further, simply click here

At C+M Residentia l, we are dedicated to assisting you in discovering your ideal home and guiding you through the real estate process seamlessly.

This Week We Cover

Buyers Stay [ OPTIMISTIC ]
What's Coming, what's New, what's Sold
Property of the week
Tale of the Sale this week
Auction results & clearance rates
Your suburbs sold results
Get your instant property price online
Highlight of the week

+ Coming + New + Sold

C+M's Coming Soon:

16 Talbot St, Hadfield: Coming Soon..
4A Charlotte St, Oak Park: Coming Soon..
18 Glenroy Rd, Glenroy: Coming Soon..
1/94 Daley St, Glenroy: Coming Soon..
3/106 Bowes Ave, Airport West: Coming Soon..
3/29 Margaret St, Oak Park: Coming Soon..
1/9 Danae St, Glenroy: Coming Soon..
24A South St, Hadfield: Coming Soon..
9 Mitchell Cr, Meadow Heights: Coming Soon..
44 Plumpton Ave, Glenroy: Coming Soon..
(To book a VIP viewing, reply with your request..)

C+M's New 2 Market:

45 New Road, Oak Park: $850k - $915k

Click here for more

C+M's Sold Results:

6/20 Callander Rd, Pascoe Vale SOLD $900,000

Click here for more

Property of the week

**2/21 Nerissa Grove, OAK PARK**

3 Bed / 2 Bath / 2 Car
EOI: $830k - $860k

Learn More

TALE of the SALE this Week

**7 Percival Street, OAK PARK**

**SOLD @ Auction: $1,900,000**
Number of Inspections: 29
Number of 2nd Inspections: 2
Contracts Held: 3
Number of Bidders: 4
$300,000 of competitive bidding

Learn More

Auctions - 16/03/24

*preliminary results based on Sundays data from realestate.com.au

Suburbs SOLD results

Your Property Estimate

Like to know your INSTANT Property Price estimate online. Request yours now by simply CLICKING the IMAGE below or this LINK HERE.

*If you would prefer to BOOK in a more accurate Property Price Check in person with one of our team, you can request this as well.

Easter Giveaway

Here's how to join the fun:

STEP 01: Visit claudiocuomo.com.au/easter & download the Easter Bunny colouring sheet.
STEP 02: Let your little ones colour away!
STEP 03: Post your entry on our Facebook page ‘CplusMResidential ’ and be sure to tag yourself and a friend.

C+M Residential - "Helping You Find Home."