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Sep 30, 2015 9:50:30 AM

Buoyant outer Sydney property market is paying off for sellers

Topics: Press Release, Selling, Buying, New South Wales, Australia 0

Sellers in the outer Sydney property market of the Hawkesbury area have found they are achieving significant sales prices, sometimes well above initial expectations.

According to Principal of Harcourts Excellence, Shane Lindo sellers are achieving good prices, in areas that are about 45 minutes from the Sydney CBD, offering buyers a great lifestyle alternative.

“We’re seeing sellers selling over and above their expectations, sometimes even $100,000 over initial expectations”, says Mr Lindo.

Mr Lindo says this is due to a number of factors, including, targeting the right buyers in The Hills market who are looking for a lifestyle alternative, and sellers are recognising the value of investing in good quality marketing.

“Sellers are investing on average $2000-$5000 to make sure their property is marketed well, with quality, professional photographs and video which goes a long way to helping buyers visualise themselves in the home and neighbourhood.

“It also comes down to ensuring you have the right sales consultant supporting you, whose an experienced negotiator and is able find the right buyers for the property”, says Mr Lindo.

One recent example of the results achieved includes 9 Tollgate Crescent, Windsor, which has recently gone under contract.

The property was previously listed with another agency for three years, for $1.495 million. After receiving little interest, the property was listed with Harcourts Excellence who received offers within a week and the property eventually went under contract for $1.55 million - a record for the area.

It’s not just sellers who are taking advantage of the area says Mr Lindo, with buyers also recognising that the market in the Hawkesbury area still has room to grow.

“We’re expecting some really good capital growth this summer, as a buyer now is a really good time to enter the market in time to see price growth”, says Mr Lindo.