In this video, we provide property market insights for the Balmain peninsula.
Click below to watch the video.
Following is the video transcript.
Monique Dower
Principal, Belle Property Balmain
There is no sign of a slow down for home sales on the Balmain peninsula – even with a pandemic. With interest rates so low, government easing both fiscal and monetary policy, and state governments offering additional property purchase incentives, there’s plenty of upsides still. We’ve just experienced a very busy winter and seen Balmain’s median house price increase by 7.44% and units 2.84% over the past 12 months. Collectively we’ve sold close to two billion dollars worth of homes. Lynsey and I are consistently within the top 50 female and top 100 agents across Australia. We’re so proud.
Lynsey Kemp
Principal, Belle Property Balmain
Predictions from economists currently lead us to believe that property will remain ‘safe as houses’ for the short term. Bricks and mortar are often viewed as a better investment than shares in times of economic downturn. With lifestyles changed, people are either seizing the opportunity to downgrade and extract equity or upsize to acquire more home-based workspace. If you feel your needs have changed, and are considering making a move, we are both local and we’re only one phone call away.