Is the Sydney property market moving?

According to an article in Australian Property Investor magazine (June 2007) “In his National Property Sector Review, Advisor Edge head of property research Louis Christopher wrote that after a three year downturn there were increasing signs a housing recovery was under way on the east coast of Australia.

Christopher cited the close historical correlation between asset prices and Australian money supply (M3) as added evidence that house prices should climb this year and next.”

Based on this extrapolation, it is evident that there are numerous benefits for the foreign investor and expats to invest in this market while it is moving.

It has been proposed by Christopher “Sydney prices should climb 10.5 per cent this year and a further 9 per cent next year” (Australian Property Investor June 2007)

This evidence reinforces the current property movement with auction clearance rates increasing and the market currently reflecting a growth spurt.

Sally Osborne, Managing Director of Platinum Buyers Agents in Sydney Australia has over 11 years of property experience assisting clients to purchase residential property throughout Australia.

 Sally now specialises in providing value to clients by assisting them to find the best available home to suit their individual needs.

“By focusing this niche market we have an in depth knowledge of not only the homes in the areas and there respective lifestyles, we also know how to meet the expectations of our clients. We are able to advise on the lifestyle each area provides, what properties are truly worth, the best streets, amenities in the area such as parks, cafes, schools, transport and who the area attracts.”