While ‘renovator’s dream’ is often interpreted as real estate-speak for ‘run down mess’, such homes can actually have unrealised potential. When hunting for real estate, it’s tempting to purchase a property in a pristine condition ready for you to move right in, but sometimes it’s best to fight your initial reservations and be a little …
Waiting for the Sydney market to drop before buying? One buyer’s agent says in doing so, you’ll be doing more harm than good. By playing the waiting game, investors can traditionally buy into a market when it reaches the downturn of its cycle. However, Lauren Goudy, buyer’s agent of Rose & Jones, said those who …
Sydney’s year-on-year house price growth has stalled to a 15-month low as a triple whammy of lending restrictions, increased building supply and first-home buyer concessions sparked price falls in pockets of the city. The city’s median house price increased by just half a per cent over the December quarter, to $1,179,519, according to the latest Domain …
In a hot market, many vendors prefer selling at auction as it’s perceived to be the most effective way to get the highest price for a property. For buyers, auctions can be high-pressure situations where it’s easy to get swept up in the drama – and if you’re not careful – pay more for a property than you …
As prices continue to rise and stock remains tight, developers must seek ever smarter approaches to minimising short term risk, whilst positioning themselves for healthy returns and successful exits. One of Sydney’s most experienced buyer’s agents and property managers has some sound advice. Since co-founding Rose & Jones in 1998, Byron’s team has inspected over …
DEMAND from downsizing empty-nesters is pushing up prices for quality apartments in Sydney’s exclusive eastern suburbs, agents say. A stylish Art Deco unit in Double Bay sold for $2.375,000 on Saturday— $475,000 above its reserve price — through Sothebys agent Chris Helich. The auction was one of 532 held around Sydney. With 341 of the …
BUYING a house is the biggest transaction most people make; but unlike house sellers, buyers are mostly unrepresented. “It is an unusual situation where two people come to an agreement but only one (the house seller) has representation,” says Byron Rose, chief executive of Sydney-based buyer agent Rose & Jones. That’s starting to change with …
When a dilapidated terrace on Windsor Street, Paddington, went on the market late last year, the buzz among buyers hoping to pick up a grand old piece of eastern suburbs real estate was extraordinary. More than 400 groups went through the four-bedroom house and 50 contracts were issued. It made local headlines when it sold …
Old period apartments are still holding their own in the Sydney market, despite – or sometimes even because of – the rising number of new developments for sale off the plan. While the lure of the new is obvious – the latest design, and often gyms and pools – the glow of the old remains …
It’s one thing to be street-smart, but how do you choose the smartest street to buy a property on? Because that decision is critical to making a good investment, say the experts. “You can change everything about a house – you can extend it, do it up or pull it down – but you can’t …
