Spring Has Sprung Early For Sydney’s Property Market
Kathryn Fantov
Vendor Advocate Sydney | Sellers Advocate | 30 years experience | Helping You Choose the Right Agent | Deceased Estates, Divorce & Downsizing Specialist
Selling a home in Sydney during spring has always been popular, and in 2024, it remains a strong option for many homeowners. Spring is often considered the best season to sell, thanks to the blooming gardens, warmer weather, and increased buyer activity. However, like any market decision, timing your sale requires careful consideration of current trends, market conditions, and your personal circumstances. This year, there are several compelling reasons why selling in spring could be a great move.
Firstly, the current market dynamics are shaping up favourably. After a period of fluctuating interest rates, the market has begun to stabilise, bringing a sense of renewed confidence among buyers. Many potential buyers have adjusted to the new economic conditions and are eager to secure a property before any further rate changes. This has resulted in a noticeable uptick in buyer activity across Sydney, particularly in desirable suburbs with strong amenities, schools, and transport links. With increased competition among buyers, well-presented homes that are priced appropriately have a good chance of attracting multiple offers, often driving up the final sale price.
Moreover, spring naturally creates an inviting environment for open homes. The longer days, warmer weather, and lush gardens enhance the appeal of properties, making them look their best. Buyers are more inclined to attend open inspections when the weather is pleasant, and this can significantly boost foot traffic and interest. Many families also prefer to buy in spring, aiming to settle into a new home before the end of the year or in time for the new school year. This seasonal demand adds another layer of opportunity for sellers to capitalise on.
However, while spring offers numerous advantages, it’s also important to consider the challenges. One of the most significant is the increased competition. Spring is the busiest time of year for new listings, as many sellers aim to take advantage of the season’s benefits. This influx of properties can sometimes saturate the market, making it crucial for sellers to ensure their homes stand out. Presentation is key: decluttering, fresh paint, landscaping, and staging can make a significant difference in attracting potential buyers. Additionally, investing in a strong marketing campaign that includes professional photography, video tours, and social media promotion is essential to maximise exposure.
Another aspect to keep in mind is the current state of the Sydney property market. While it has shown signs of recovery and stability, buyers remain price-sensitive. Overpricing a property can deter potential buyers and extend the time it spends on the market. Therefore, working with a knowledgeable and experienced Vendor Advocate who understands the nuances of the Sydney market and can provide a realistic market estimate is crucial. They can guide you on pricing strategies, negotiation tactics, and the best time to list your property.
For those wondering whether to sell this spring, it’s also worth considering your personal situation and goals. Are you looking to upsize, downsize, or move interstate? Do you need to sell quickly, or can you afford to wait? Spring 2024 presents a strong opportunity for sellers who are ready to act, but preparation and strategic planning are key to achieving the best outcome.
If you would like some expert advice and guidance around timing, what to do to your home to maximise it’s value, or which agent is going to get you the best price, contact Kathryn Fantov, Sydney’s leading Vendor Advocate for honest, unbiased and invaluable advice when it comes to selling your home. Call today 0411 522233 or BOOK A CALL.
August Property Market Wrap Up
With Spring just around the corner, Sydney's auction market remains robust, showing a slight increase in activity this week. A total of 807 properties were listed for auction, with an impressive 74.9% clearance rate. This week saw a higher number of properties sold prior to auction, reflecting a strong demand as buyers look to secure their dream homes before the competition heats up.
If you're planning to buy or sell this season, now is the time to get strategic with your approach. For tailored advice on timing your sale or navigating the market, don't hesitate to reach out – we're here to help!
I hope you enjoy this month’s Newsletter!
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This is a new record for us! Most of the time we interview agents face to face at our client’s home, however as demand increases we’ve recently developed a hybrid version of our Vendor Advocacy service for homeowners who live outside of Sydney.
This is a great service for anyone needing some extra support when selling and we conduct the agent interviews online via Zoom. Kathryn loves meeting agents from all across Sydney/NSW and discussing their local market dynamics.
If you are thinking of selling soon, it’s worth having a discussion with Kathryn to see whether Vendor Advocacy is a service that might benefit you.
Join Our New Selling Program
Are you ready to take control of your home selling journey and ensure you achieve the highest possible price?
Introducing the beta launch of Mastering the Home Selling Process—our new and exclusive online program designed to empower you with the knowledge and tools needed to choose the perfect real estate agent. This is one of the most crucial decisions you'll make when selling your home, and getting it wrong could cost you tens or even hundreds of thousands of dollars.
Too often, I’ve seen sellers make poor choices when selecting an agent, leading to frustration, disappointing results and financial setbacks. That’s why I’ve created a proven framework, developed and refined over the past decade, that takes the guesswork out of this critical decision.
This program will guide you step-by-step, ensuring you have the confidence and clarity to pick an agent who truly has your best interests at heart.
Imagine going through the selling process without second-guessing your decisions, knowing you've chosen the right agent to secure the highest price for your home.
Pre-register your interest now and be the first to access this transformative course.
Don't miss out—your dream sale is just a few steps away!
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If you’re interested in buying a Heritage Listed Church south of Sydney, this is your opportunity! We’re excited to offer the chance to restore, renovate, and extend the iconic St Clement’s Roman Catholic Church, built in 1893 in Mt Kembla.
Dedicated to Saint Clement, the patron of mines and miners, this landmark is deeply tied to the area's mining history. Best wishes to our vendors on their auction campaign!
West Pennant Hills is a family-friendly suburb in Sydney's north-west, known for its leafy streets, spacious homes, and welcoming community vibe. It's an area where tranquility meets convenience. With easy access to public transport, shopping centers, and a variety of dining options, West Pennant Hills offers a balanced lifestyle where suburban calm meets modern convenience. We are grateful for the opportunity to assist our latest client with preparing her home for sale and wish her all the very best as we embark on the sales campaign.
Blakehurst, nestled along the scenic shores of the Georges River in Sydney's St George region, offers a blend of tranquility and convenience that appeals to families, professionals, and retirees alike. Known for its leafy streets, spacious homes, and a strong sense of community, this suburb is perfect for those seeking a relaxed lifestyle without being too far from the city. We're proud to support our latest client in showcasing this beautiful home and look forward to a successful sales campaign.
Pennant Hills is a well-established suburb in Sydney’s north-west, renowned for its excellent transport links, top-tier schools, and close-knit community. With leafy streets and a mix of charming older homes and modern residences, it’s a popular choice for families and professionals alike. We're thrilled to present this stunning home to the market and wish our wonderful clients all the very best for the start of their sales campaign.
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I love using the knowledge I've gained during my time as a real estate agent, to help others safely and successfully navigate the selling process. If you'd like some expert advice from a Vendor Advocate who genuinely has your best interests at heart, I'd love to hear from you.
Simply reply to this email or find a suitable time to book a call.
Until next time...
Sincerely,
Kathryn