Inner West Trends from Q1 with Cameron Nicholls
Announcement posted by 360PR 27 Apr 2017
Abbotsford based property expert and founder of Nicholls & Co Estate Agents, Cameron Nicholls, recaps the results from the first quarter of 2017 and shares his predictions for the inner west in the run to the end of financial year.
Cameron Nicholls, Founder and Principal of Nicholls & Co Estate Agents, says of the next quarter (Q2), “With Easter and Anzac Day at the start of the quarter, the market will start off quite unsettled as with the holidays usually comes a slower start in the housing market than normal.”
No need to fret, Cameron reassures, “I expect that there will be a flurry of new listings in the form of one and two bedroom apartments hitting the market at the beginning of the second quarter. So, it’s looking up for people looking to enter the property market or downsizing from the family home to apartment living.”
Abbotsford Property Statistics for Q1:
The most recent sales from Nicholls & Co include:
Cameron Nicholls, Founder and Principal of Nicholls & Co Estate Agents, says of the next quarter (Q2), “With Easter and Anzac Day at the start of the quarter, the market will start off quite unsettled as with the holidays usually comes a slower start in the housing market than normal.”
No need to fret, Cameron reassures, “I expect that there will be a flurry of new listings in the form of one and two bedroom apartments hitting the market at the beginning of the second quarter. So, it’s looking up for people looking to enter the property market or downsizing from the family home to apartment living.”
Abbotsford Property Statistics for Q1:
- Total properties sold - 21
- Highest sale price - $2,060,000
- Median sale price - $1,317,083.33
- Percentage of houses vs units: 90.5/9.5
The most recent sales from Nicholls & Co include:
- 27/16 Orchards Avenue, Breakfast Point - $990,000
- 101/4 Lewis Ave, Rhodes - $1,530,000
- 11/33 Peninsula Drive, Breakfast Point - $2,700,000
- 13/22 Harrow Road, Stanmore - $425,000
- 368 Georges River Road, Croydon Park - $1,251,000
- 203/12 Orchards Avenue, Breakfast Point - $990,000