Buyers back with confidence

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Buyers back with confidence

NUMBERS of buyers at open inspections are on the rise, which is a reliable indication that buyer confidence is also increasing, according to sales agent Liz Wiggins.Ms Wiggins and her colleague Justin Keenan, from WigginsKeenan Real Estate, sold 25 Howard Pl, North Epping, prior to auction for $1.58 million.The four-bedroom house had a guide of $1.5 million-$1.65 million.

“It’s a great property on a nice block in a nice street,” Ms Wiggins said. “It was on the market for two weeks and there were good numbers through and several interested parties.”

Ms Wiggins said the vendors made the call to sell before auction.

25 Howard Pl, North Epping; nsw real estate

25 Howard Pl, North Epping, sold before auction for $1.58m.

“I would have been happy to sell the property at auction, but there were about four offers on the table and the vendors were pleased with what they got,” she said.

The buyers had their finance approved and were able to sign on the day. “They were 100 per cent committed,” Ms Wiggins said.

The buyers are a family from Roseville, attracted to the suburb because of its proximity to Cheltenham Girls High School.

“They didn’t know the area but they felt North Epping had the Turramurra feel,” Ms Wiggins said.

The collective mood of buyers had lifted recently, she said.

“Compared to a couple of weeks ago, numbers have picked up,” she said. “Where we were getting around nine groups through now we’re getting around 16.

25 Howard Pl, North Epping; nsw real estate

Buyer interest was strong with about four offers on the table.

“The energy of buyers is more upbeat. They’re realising that now is a good opportunity to buy, which wasn’t the case nine months ago.

“I think the market bottomed out and buyers are back saying, I see more value now. They are showing enthusiasm.”

2018-05-28T10:50:09+10:00May 24th, 2018|Real Estate, Sell|