The Sydney real estate market is currently experiencing a strong demand especially for properties at the entry level.
Apartments in Sydney for first home buyers are in high demand with the price ranging from $450,000 to $560,000 for a I bedroom strata title apartment and $650,000 to $950,000 for 2 bedroom apartment.
It is rare to see that there is a house for sale for $699,000 within the Sydney region at Great Mackerel Beach Post code 2108.
Kathryn Hall Real Estate has been selling properties at Great Mackerel Beach since 1993 and has seen a good number of properties sold and inquiries in the last 6 months.
The prices range for houses in the lower end of Great Mackerel Beach have been from $535,000 to $695,000. All houses are on their own block of land in a great community.
Buyers have been young families, investors and the over 55 downsizers all appreciating the great purchase potential not only for the great beauty that Great Mackerel Beach can offer and the relaxed lifestyle, with bush-land, beautiful sandy beach the fresh water lagoon and Pittwater but also because it represented great purchasing power.
A recent client bought a house from me for $550,000 and has spent about $80,000 and he is currently getting $550.00 per week for rent. Not bad in today’s economic client and low interested rates.
We currently have a house at 40 Monash Ave Great Mackerel Beach, 3 bedrooms 2 bathrooms large entertaining decks, private charming but in need of some minor repairs such as: painting decks, adding a few skylights and re-place a bath. This property is for sale for $699,000
Kathryn Hall Real Estate has been selling and renting properties at Great Mackerel Beach since 1993 and knows her market. It interesting to note how the market is starting to take off especially with holiday and weekend rentals as this is adding a new dimension to investment and holiday homes.
We say opportunity knocks! There are not a lot of houses for sale under $700,000 and this is a beauty!
The information in this article is of a general nature. While care has been taken preparing this information Kathryn Hall Real Estate does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any other purpose that the article may be used. Kathryn Hall Real Estate accepts no liability for any loss or damage (whether caused by negligence or not) resulting from use of information.