Sydney Property Just Went Boom!  

It is now a seller’s market but even the sellers are having problems upgrading or downgrading as the level of stock is limited. 

Buying property in the most expensive city in Australia is harder right now than ever before.

Trying to find a property, let alone bid on it and be successful in buying it has become a challenge with the COVID lockdown creating a price squeeze in Australia.

Weekend auctions normally have a clearance (sell rate) of 60-70% and last weekend it hit 88.7% which is unheard of.

Off-market property is not formerly listed on a website like realesatate.com.au or advertised in newspapers, it is a trading world in property where discussions and transactions are done behind closed doors.  Only those with a backstage pass or connections to a related trading party get to see the property and bid on it.  This trading world has been booming right now and Deb and or her team are in the middle of it.

Listen to Deb Smith from Sydney Slice talk about the current Sydney market where Deb is buying property anywhere between $2 million AUD at the low end to over $80 million AUD at the high end! Yes that’s not a typo.

Check out the episode now and visit Deb at www.sydneyslice.com