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September Market Wrap With Sirah Robb

Sirah Robb

September Market Wrap With Sirah Robb

11th of October, 2023

Eleanor Creagh, Senior Economist at PropTrack, recently highlighted a national resurgence in the property market. September marked the ninth consecutive month of national home price growth, with prices now up 3.75% higher than a year ago, entirely regaining the price falls of 2022 despite an uplift in the number of properties coming to market. Buyer and seller confidence is notably on the rise, presenting a stark turnaround from the fast declines observed at a national level in 2022.

National trends provide useful context for what we are seeing at Hinternoosa in our local market. In September, we saw 402 groups through our open homes and private inspections. The ability to attract this volume of buyer interest, combined with our strategic approach and super-team dynamic continues to yield the best results in the market, like the sale of 84 Botanica Cct, Doonan, which sold just three days from going live with our team after multiple previous campaign attempts with other agencies. Our thrilled client is now able to move onto their next chapter and we will welcome a wonderful new family to the hinterland.

Our agents collaborated seamlessly on a number of sales this month to achieve premium results for our clients, including 64 Binalong Rd, Pinbarren, which sold prior to auction. Properties like 94-100 Sunrise Rd, Eumundi, attracted multiple offers, revealing a competitive environment. Other quick sales included 6 Booniah Ct, Eumundi, which sold in 13 days, and 10 Bartholomew Ct, Cooroy, sold in just 16 days. The highlight of last month was the sale of 71 Dahlia Rd, Verrierdale, which sold under the hammer at a sensational auction.

The synergy between our team members and our market strategies played a pivotal role in achieving these results. If you want to achieve the best possible price in the market before the end of the year, don’t hesitate to call our dedicated team today. Hinternoosa Cooroy 5447 7000 and Doonan 5449 1186.