Unfortunately when the market softens poorly located homes have an immediate and substantial price drop. although this home is on nearly 600sqm of land the home just needs so much work that unfortunately that overshadows the land offering. The home is close to schools and freeway but just needs too much work to be appealing at this price level.
Nuno is a recognisable top negotiator committed to high-level customer service. His successful career started in 2003 and he has quickly become one of the elite estate agents in Melbourne's inner north. Successfully attaining partner level at one of the premier inner north real estate agencies, Nuno is well regarded by clients and colleagues alike. Nuno’s customer friendly approach and intricate knowledge of the inner north market makes him an exceptional advocate to have on your side.
There are a number of variables that can impact the strength of the market. Interest rates, unemployment, job creation, property supply, buyer demand, population growth, investor appetite, the economy and many more. Supply and demand are the two main factors in the current market, especially considering the others are “steady” (population growth excluded). Lockdowns 4.0, ...[read more]