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Market Update – Jan 2019

By Silvia Wei

The market has yet to reset from the downfall we have seen throughout the last year. With thousands of units anticipated to launch throughout the city in 2019, we expect to see a slight decline in asking prices and therefore more buyer activity.

So what’s happening now in the inner city? While the market is cooling a little along with the rest of Australia, inner city is holding firm at the higher end of the market. The slowing market also represents a good opportunity to upsize for those looking for a new year move – the gap between your current home and new home could be smaller than before, so it’s easier to take the leap.

Thinking of a new home for the new year? Get in touch today to arrange your free market appraisal.

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