With 2025 coming to an end I have to say that it's been a very busy year for us at Vivian's. The housing market has proven to be extremely strong and doesnt matter if it's a unit or a house they are selling for very good prices and the competition is fierce.
What will the market do in 2026 - million dollar question isnt it. My opinion is that we will experience more of the same, but the homes will slow down as the dollar value becomes too high for young couples or singles to be able to purchase their first home (with land) in the Western Suburbs. Apartments will be the next go to and although they have gone up quite significantly also there is still room for movement in their prices.
I say this all the time you will not pick the top or the bottom of the market so if you need to buy just buy - make sure that you have all your ducks in a row, like your pre approval on your finance, know what your limit is, know what the deposit is going to be. Make sure that you have an agent (maybe a buyer's agent) working for you so that you can get the right conditions put on the contract without jeopardising yourself.
There is so much in the balance will the seller accept cash with lots of conditions, or will he/she go for subject to finance with less conditions, it's hard to know but if I were you I would be keeping my contract as clean as I could.
Stay tuned for all the new listings and explore them make your decision and go for it.
MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!
SELLING MOSMAN PARK & THE WESTERN SUBURBS!!
KEEPING IT REAL IS OUR MOTTO!!
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