You may be looking to buy, sell or even both. In 2023, real estate prices are still regulating after the effect of the pandemic; however, average Australian homes are currently valued up +16% compared to five years prior. Good Property Collective represents luxury buyers and sellers on the Gold Coast and Northern New South Wales. Whatever your real estate needs may be, our team can deliver outstanding results for you, as proven by our past and present clients.
When our clients sell their homes, most will be in the market to buy another. Buying and selling in the same market (no matter the property cycle) maintains financial uniformity for those interacting in a market simultaneously. Keep your eye out for homes that are of similar stock value to your current unless you are prepared to go out of the area or upgrade to the next asset class, having enough loan value ratio to qualify your mortgage.
Whilst a home purchased in the peak of 2021 may have slightly dropped in the current market conditions, rental returns are still rising and providing stability for investors against the rise of interest rates. As we enter the next phase of the property cycle, we see that the luxury property sector is still performing well, as quality stock in quality locations are and will always be in demand.
I personally look forward to working with all our clients selling and buying with our boutique agency in 2023. Your home is always a privilege for us to sell. Being the founder of GPC, I have always focused on representing quality real estate rather than selling quantity.
It is meaningful to represent your asset and to be part of your next abundant chapter, whatever that may be. Working together may be just around the corner.
Warmest Regards
Sam Gibson
Principal and Director
In the meantime, if you want to know what your property is currently worth in this market, please get in touch with our agency for a free appraisal.
