Monz - Realestate Agent

09/07/2024

Dreaming of a modern, convenient, and family-friendly home? Discover our stunning brand-new duplexes in the heart of Schofields, perfectly situated near top amenities and in the highly sought-after Riverbank Public School catchment area.

Why Choose Our Schofields Duplexes?

Prime Location: Just minutes away from the Metro station, shopping centre, and excellent schools, including the renowned Riverbank Public School.
Torrens Title Property: Enjoy the benefits of owning a Torrens Title property, offering you complete ownership of the land and the house.
Ready to Move In: These brand-new duplexes are ready for you to move in and start living the life you’ve always dreamed of.
Modern Design: Each duplex features contemporary architecture, high-quality finishes, and spacious layouts designed to cater to your every need.
Convenient Living: With shopping, dining, and public transport options just around the corner, you’ll have everything you need at your fingertips.
Don’t Miss Out!

This is a rare opportunity to secure a brand-new home in a prime location. Perfect for families, investors, and anyone looking for a modern and convenient lifestyle. Contact us today to schedule a viewing and take the first step toward owning your dream home in Schofields.

Contact Information:

Phone: 0430 131 454

Experience the best of suburban living with all the conveniences of the city. Act now, and make one of these exquisite duplexes your new home!

28/06/2024

One of the world's largest property market outlook

PropTrack Property Growth Forecast
Overview: According to PropTrack's Property Market Outlook Report for June, Australian property prices are projected to increase by up to 5% in 2024. This follows a robust 2.7% growth from January to May 2024.

Regional Performance:
Perth: Leading with an 18.9% increase this financial year, and an expected 8% to 11% growth in the 2024-25 financial year.
Other Major Cities: Brisbane, Sydney, and Melbourne are forecasted to see price rises between 3% and 6%. Adelaide is projected to grow by 5% to 8% in FY25 after a 12.9% increase this financial year.

Economic Factors:
Market Resilience: Cameron Kusher, director of economic research at PropTrack, highlighted the strong buyer demand despite high-interest rates and increased stock availability.
Buyer Demand: Remains strong even with 12-year high interest rates and falling borrowing capacities.
Fiscal Policies:

Stage 3 Tax Cuts:
Expected to stimulate market demand alongside anticipated interest rate cuts in FY25.
Market Dynamics:

Sales Volume:
National sales volumes increased by 13.9% from January to May compared to the same period last year.
Listing Times: Median time properties remained listed on realestate.com.au decreased, indicating a strong market.
Outlook:

Future Growth:
PropTrack anticipates slightly stronger home price growth by the end of the 2024-25 financial year compared to the 2024 calendar year, with prices expected to rise particularly in Sydney and Melbourne.

28/06/2024

Foreign Demand for Australian Property at an All Time High

Overview: Foreign buyers have significantly increased their purchases of Australian real estate over the past financial year, spending 4.9 billion on 5,360 properties, according to data from the Australian Taxation Office (ATO). This marks a substantial rise from the previous year.

Current Trends: Most foreign buyers come from China, Hong Kong, and India. Despite making up only a small fraction of the total market, their activity is noteworthy, particularly in cities like Melbourne and Sydney. Real estate agents report that families overseas are increasingly buying properties for their children who study and work in Australia, with many aiming to become permanent residents.

Key Points:

Foreign buyers purchased 5,360 properties in 2022-23, up from 4,228 in 2021-22.
The average purchase price was 914,000, with China leading the investment.
Foreign buyers still constitute about 1% of all real estate purchases in Australia.
Impact on Affordability: CoreLogic’s head of research, Eliza Owen, argues that banning foreign buyers is not a solution to housing affordability issues. Despite increased foreign investment, home prices fell nationally by 2% last year. Restrictions on foreign investment, including additional fees and levies, ensure that the impact on the market remains limited.

Luxury Market: High-end properties continue to attract wealthy overseas investors. Real estate agent Michael Christie notes significant purchases by affluent buyers from Asia, with transactions for luxury apartments in Melbourne and Sydney hitting millions of dollars.

Outlook: Demand from foreign buyers is expected to remain strong. Real estate professionals anticipate sustained interest in both new developments and established homes, driven by Australia's perceived safety and stability. The ongoing national property shortage and continued influx of international students and families support a positive outlook for the market.

20/06/2024

Sydney home prices are forecast to reach new record highs next year, with average houses tipped to nudge $1.8 million.

The only faint hope of a downturn would be if even higher interest rates saw a surge in distressed property sales.

01/06/2024

Sydney property market updates....

02/03/2024

House prices continue to rise despite higher interest rates, inflation and cost of living

House prices rose in all capital cities except Hobart in February as demand outstrips supply and buyers hope for an interest rate cut later this year.

30/11/2023

In another sign that the worst may be over for mortgage holders, the OECD is predicting an end to rate hikes.

New buyers get prepared to pay more or property price.

27/11/2023

New owners will enjoy it’: Sydney suburbs that joined the $1m and $2m clubs

Hot demand has tipped property prices in dozens of Sydney suburbs past the million dollar mark, and the $2 million club has new entrants too.

01/11/2023

More price rise to come...

31 likes, 5 comments. “ ”

16/10/2023

Prediction vs reality, what you need to know about property price trend....

610 likes, 75 comments. “ ”

05/10/2023

Developers abandon apartment market

Data released this week by the Australian Bureau of Statistics (ABS) showed that capital city unit and apartment approvals have fallen to October 2012 levels: 56,000 unit and apartments were approved across the capital cities in the year to August 2023, which was literally half the 111.700 approvals...