With less than 8 weeks to Christmas the Spring selling market is in full swing! We are seeing plenty of home buyers out there looking to secure well priced, affordable homes. There tends to be more home buyers looking to buy in at the moment rather than investors, which is a concern for the much talked about ‘rental crisis’. Hopefully though, as market confidence increases and interest rates stay on hold we will start to see the investors getting back in.
Interestingly, a recent CoreLogic report suggests that the Central Coast has the highest amount of suitable sites for granny flats – something which may help investors buy back into the market, or home owners adding a rental income of their own, whilst at the same time aiding the burden on the rental market (full graph below). The same report indicates a serious housing shortage in only a couple of years time.
Our team is looking forward to a busy end to the year with some exciting properties being listed for sale over the coming weeks. From acreages to multi income investment properties, development sites and perfect first homes, if you are looking for your next property keep an eye on our website as these new listings hit the market.