FIND YOUR LOCAL BUYERS' ADVOCATE:
    TALKS & PODCAST           CALL US CALL US
1300 655 615
 
 

The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Wed 22 Nov '23 with Rich Harvey Using Data & AI for Better Property Decisions
 
 
Thu 7 Sep '23 with Rich Harvey Northern Beaches Real Estate Outlook & Industry Trends
 
 
Thu 20 Jul '23 with Rich Harvey How Sales Agents Think
 
 
Thu 15 Jun '23 with Rich Harvey Auctions – The Inside Scoop
 
 
Fri 9 Jun '23 with Rich Harvey Financing Innovation & Building a Property Portfolio
 
 
Thu 25 May '23 with Amanda Jones Melbourne Property Insights
 

 

Listen to many more
podcasts on our
Podcasts page.

 
 
 

Propertybuyer Blog
Property advice, market updates & more

 

Sydney stock levels offer opportunity

January 14, 2014 / Written by Rich Harvey

 

Successful property investors know that inventory can have a huge impact on markets, making it important for those considering a property investment in Sydney to keep track of how stock levels fluctuate.

According to SQM Research, December 2013 saw stock levels decline nationwide by 8.5 per cent on a month-over-month basis. Meanwhile, on an annual basis, stock levels fell 4.3 per cent.

While this activity was spread throughout the capital cities, it was felt most seriously in Sydney.

On a month-over-month basis, inventory levels fell 26.4 per cent in Sydney during December 2013. When compared to areas like Melbourne (-14.3 per cent) and Brisbane (-10.7 per cent), it's easy to see how significant this fall was.

Sydney also saw a considerable drop in stock on an annual basis, falling 19.6 per cent. The New South Wales capital city was only beat out by Darwin, which experienced a drop of 19.8 per cent.

Louis Christopher, managing director of SQM Research, attributed much of this decline on seasonal factors.

"There were some rather large declines in listings over December, however that is to be expected for this time of year given how the housing industry shuts down over Christmas and much of January," Mr Christopher said.

"Overall I see no evidence of any slowdown in the market itself with these numbers. We are confident of a very strong market opening later this month."

However, Mr Christopher also specifically highlighted the year-over-year drop in Sydney as something of note.

This type of market has much to offer current owners of real estate in the region, from granny flats to a luxury penthouse.

The Sydney property market is expected to pick up momentum from mid-January as agents return to work and vendors are in a position to list their properties for sale. The strong market activity that was evident last year is expected to continue and the early bird seeking to buy an property investment in Sydney will reap the rewards for early action. Prices are expected to rise but at a more moderated rate in 2014, according to most expert commentators.

Utilising a buyers agent in Sydney is a wise move for home buyers or investors seeking a property in an area where stock is limited and demand is high. Buyers agents can get advanced notice of new listings in areas of restricted supply.
 

The Propertybuyer
Podcast

 
Wed 22 Nov '23
with Rich Harvey
Using Data & AI for Better Property Decisions
 
 
Thu 7 Sep '23
with Rich Harvey
Northern Beaches Real Estate Outlook & Industry Trends
 
 
Thu 20 Jul '23
with Rich Harvey
How Sales Agents Think
 
 
Thu 15 Jun '23
with Rich Harvey
Auctions – The Inside Scoop
 
 
Fri 9 Jun '23
with Rich Harvey
Financing Innovation & Building a Property Portfolio
 
 
Thu 25 May '23
with Amanda Jones
Melbourne Property Insights
 

 

Listen to many more
podcasts on our
Podcasts page.