Market Update - 29 September 2023

There were 1217 auctions scheduled in Sydney last week, the highest number of weekly auctions since May 2022 and the clearance rate was hovering around the past three-month average at 54.6%. On Saturday there were 934 Auctions scheduled, still a long way from a Super Saturday (1,000+ auctions), the last of which we saw in April 2022. Across the 2037, 2038, 2040, 2050, 2048, 2049 postcodes there were 29 auctions, and the overall clearance rate was a yearly high of 83%, with 57% of those sold under the hammer, showing confidence from many vendors to take the properties all the way through to auction.

As the weather heats up the thought of a cool dip in a pool becomes more and more enticing. If you’re the lucky new owners of 303 Young St, Annandale, resort style living is on offer with a heated plunge pool and spa, alongside built-in courtyard seating and BBQ area. Add on a contemporary light filled home with superb indoor-outdoor flow and you may find yourselves never wanting to leave.

Kind words from a Buyer/Seller

What you see is what you get (and it’s great). The sale of our home was made extremely easy with Simon and his team. Communication was fast efficient and always absolutely to the point which is exactly what I needed. Throughout the process, any question I had was answered honestly and without hesitation. The help I received with preparation for sale, made the whole experience feel really supported. I have now both bought and sold with Pilcher and would recommend them highly to any prospective client in buying or selling.