Comment: Property Values

Auction Results Sydney

- Will job losses affect house prices? Economist Cameron Murray points out that unemployment is not helpful in predicting price movements. "The last time we had similar unemployment numbers, Sydney house prices increased 13 per cent the next year," Murray said.

- Don't dismiss the possibility of a sharp boost in house prices with foreign buyers coming back into the market late this year or early next year.

- Long term property growth in the right location is key to building equity. Buying in country towns or regions because they are cheap with poor economics will have limited growth potential.

Using a Buyer's Agent: A Buyer's Agent can act as a 'middleman' at a time when house hunting has become more difficult.  A Buyer's Agent can help by providing a shortlist of properties and arrange private viewings.

Auctions have resumed Onsite. If you are planning on bidding , it is important you have a proven auction strategy and get professional advise.

TBAS® Buyers Agents are continuing to inspect, bid at auction Online and Onsite to purchase properties for their clients. For more details contact us.

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