Peak residential selling season kicks off

September 08, 2011 | Development Sites | Residential | Project Marketing

Spring has sprung in the residential property market and now is the ideal time to make a move, according to Colliers International.

In light of this week’s decision by the Reserve Bank of Australia to leave the official interest rate at 4.75 per cent, Colliers International residential managing director Peter Chittenden said there was even more reason to get into the market.

“There is pent up demand in the market from purchasers looking for new apartments,” Mr Chittenden said.

“With interest rates on hold, and looking likely to remain that way until the end of the year, now is a good time for people to buy.

“If you are looking to purchase we encourage you to contact the Colliers International residential team in your state to discuss the many prime buying opportunities available.”

To coincide with the residential market’s peak selling season, Colliers International’s New South Wales residential project marketing team has produced the first ever spring portfolio for the Sydney Morning Herald Domain.

The portfolio features prime opportunities around the state, from absolute luxury Sydney city terraces to apartments north of the Harbour Bridge there’s an investment opportunity to suit just about everybody. To view the spring portfolio, click here

 

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