Our APRIL-JUNE 2016 Sales Reports are now completed and found by clicking the links below.

If you would like a free customised report specifically for your property, please contact us and we would be happy to provide this for you.

Marketplace SYNOPSIS and FORECAST:

The April-June Quarter property marketplace was excellent for sellers.

Good demand was shown for most properties. In fact in just one weekend in early May, five properties were sold by John Pye Real Estate. Since mid-May, the supply of property listings has dwindled (except for the release of new ‘off the plan’ apartment blocks). Auction clearance rates have been as high as 80% for Sydney – a reflection of the short supply rather than increased demand. As the quarter ended, supply lifted to what would be considered as a normal level. We have found from some buyers that Banks have tightened their lending requirements. High employment levels, (Sydney from 3.5% to 4.1%) confidence in the Australian economy, low stable interest rates have been the salient factors which have driven the current market.

Please let us know if you have any questions about the market, in relation to selling, buying, renting or investing, or if you require any service.

Click here for the following reports: