A year of delivering on our promises
Well, the end of what has been a challenging year for most Melbourne residents is now in sight, and most local residents of the City of Hume are now focused on celebrating this festive season with family and friends.
As you may have seen during the week, our office has now closed for a short break, and my team are now enjoying some down time as they recharge their batteries for the year to come. However, rest assured that this is just a short break as everyone will be back on deck to assist you with all your property needs when our office reopens for business from 9am on Wednesday January 3rd.
For those local homeowners looking forward to 2024 with a move in mind, the outlook seems quite positive. As you may have seen in our social media feeds, 2023 was a year that finished strongly for property sales.
The Barry Plant Group sold more than 770 properties in November and offered over 900 for rent in the same period, indicating the strong levels of interest in the property market at this time. In fact, our team at Barry Plant Gladstone Park were still putting up SOLD signs in the past week, including our final two mid-week auctions for the year in Attwood and Greenvale.
Looking ahead, history shows that the start of each new year is always a productive time to have your property on the market. Not only do you all those frustrated buyers who missed out in the final weeks of last year, (and there are lots of those this year), but they are joined by a group of fresh buyers each year who decide over the holiday season that now is the time to put their plans for their next move into action. Add in the seasonal shortage of new listings hitting the market, and you can see why so many sellers in January/February achieve better than average results.
The extra bonus, as you may have read recently, is that we are expecting the outlook on interest rates to become more positive as the year goes by. Whilst it’s difficult to forecast when they will start coming down, it seems likely that last year’s talk of interest rate rises will become more of a discussion about “when they’ll start falling” the further the year progresses.
So as I wish you all the best for the festive season, I would like to remind you that all of us at Barry Plant Gladstone Park are here to advise and assist you with all of your property needs, so if you have any questions or need help with the best ways to turn your hopes into reality in 2024, don’t hesitate to give us a call from January 3rd onwards on 9330 1088.
Cheers,
Bill Karp - Director
Barry Plant Real Estate
Gladstone Park