07 Jan 2026 11:35 AM:
I think there is an imbalance in the market right now. There appear to be lots of high end properties that are difficult to sell because they are over-priced and there are many sellers who can afford to wait it out rather than drop the price. I am seeing lots of tired, boring and mediocre properties on the market for 500K+, and I really don't see who is going for the bait as you can get really nice places in nicer locatons for just a smithering more. Then on the other hand there is a crying shortage of entry level properties, say small appartments in the sub 100K range. I talked to a local agent just a few days ago who said people were typically contacting him within minutes of the ad going live, and he had one property where more than 20 people had expressed interest in the first week.
With there being a shortage of housing, especially at the entry end of the market, and lots of young families unable to get onto the property ladder, this is the sector that I would expect government policy to be favouring.
This message was last edited by amogles on 1/7/2026.
Thread:
Buying bigger property
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