We’re passionate about property at Hunter & Weaver. We’ve done our fair share of renovating “diamonds in the rough”, realising the potential of a house with good bones, enjoying the challenge of improving a poor floorplan, and seeing an old house regain its former (or unrealised) glory. So, it was with great excitement that we sat down recently to watch the first episode of Australia’s version of the American flipping craze, the channel 7 production of ‘The Aussie Property Flippers’.
As a buyers agent in Sydney, we do sometimes hear horror stories about people purchasing property. Recently, friends of mine rang me with the news that they had purchased a beautiful house near the beach with sweeping coastal views. They were clearly relieved to have found something suitable after missing out on a couple of auctions. As buyers across Sydney all know, the market is challenging, with demand up and stock levels in the local area down by approximately 42% since 2015. Competition was and still is fierce. (more…)