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Lifestyle Puts Glenorie in the Spotlight for homeBuyers

HomeBuyer

Glenorie has recorded one of the highest rates of property prices growth in the State since 2020, according to latest REA data. House values in the suburb have increased 88 percent over the past two years, jumping from $1.27m in 2020 and to around $2.4m in February this year. It was ranked ninth in the […]

Supersized acreage listed on the market in Sydney’s Hills District

Acreage

An ultimate lifestyle acreage estate featuring two expansive luxury homesteads – one spanning 951sqm – has hit the market in Dural through Lumby Hampson. The multi-MBA award-winning property located at 2 Haven Place – surrounded by incredible gardens designed by Rolling Stone Landscapes – could set a new benchmark for the blue ribbon semi-rural suburb. […]

Annual Growth Rate Fastest Since 1989

Annual Growth Rate

Despite losing steam since the highs of the market in March, data from CoreLogic indicate an annual change in values for Sydney is 23.6%, with national values rising at the fastest pace since 1989. Despite the rise in new listings, the high rate of absorption i.e fast rate at which properties are being sold continues […]

Rare Property with one of the Largest Dams in the Hills District Sells

Rare Property

Strong competition for a unique Dural acreage – with its own lake-size dam – resulted in a $4.61m sale at auction through Lumby Hampson. property The 2.03ha estate at 4 San Remo Place attracted 19 registered bidders with an opening offer of $3.35m. It quickly jumped above $4m and sold above expectations under auctioneer Kate […]

Still Appreciating but Losing Steam

annual property growth rate

Despite disruption from lockdown, Sydney property values continue to rise, albeit at a slower rate than we have been experiencing. According to CoreLogic data, days on market have increased marginally and auction clearance rates continue to perform well. The annual property growth rate at the moment, in monetary terms, nationally, equates to approximately a $1990 […]

Property Values Up 18%

Property

Sydney’s annual change in dwelling values rise a whopping 18.2% in the last twelve months(CoreLogic data). A far cry from the – 2.1% in price declines observed during the property market downturn of last year and the fear-mongering headlines of 10-20-30% price drops. This impressive result comes off the back of several factors, particularly a […]