Pitfalls to Avoid When Buying a Unit

The fiasco with Sydney’s cracked Opal Tower apartment block as well as volatile prices in the unit market is enough to scare off any potential buyer. How can you buy a unit and get it right? Lauren Goudy, buyer’s agent with Rose and Jones, shared her advice on avoiding the common pitfalls and getting the best deal on …

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Why you should buy the worst house in the best street

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 …

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Waiting for property can be a waste of time, says buyer’s agent

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 …

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Experts reveal the best techniques for bidding at auction

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 …

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‘$2.5m is nothing if you’ve just sold your $4m mansion,’ says agent

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 …

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Agents of Change Help Buyers to be Aware

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 …

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