Wow what a rollercoaster ride 2020 has been so far! Our area seems to have weathered the Covid 19 storm well and most locals seem to have a very positive outlook. The real estate market has been exceptionally strong. As we move towards the end of Spring we can report that this year’s activity has far exceeded expectations. Since March we have averaged two sales a week and the market remains very buoyant to this day.
With interest rates at record lows there has been a lot of activity across the board from first home buyers snapping up affordable residentials, to a resurgence in the small acreage market. There has been a marked increase in buyers coming out from across Sydney, particularly Western Suburbs.
Where’s the market heading in 2021?
Of course this is an extremely difficult question to answer in the current climate. However I believe our area has great prospects. We are perfectly geographically located about an hour from Sydney and within ½ hour or so from three major regional Centres in Southern Highlands, Campbelltown and Wollongong. Also with the anticipated growth in Wilton and spin off from the new Sydney Airport corridor, short to long term employment prospects in the area are very strong. A strong local economy feeds into demand for real estate both for sale and lease. More and more people are discovering the beauty of the area and craving our lifestyle.
If you are thinking of selling in the new year we would love to hear from you.
Call us today on 46771958.
Please support the Wollondilly Community Links Christmas Toy Appeal!
Every year so many wonderful locals contribute to this wonderful cause and we invite everyone to get on board and brighten up the lives of kids across the area.
All the best,
Elders Real Estate Picton