Autumn market update & local news
I guess the first word that comes to mind is WOW!
It's certainly been an interesting few months of Autumn, the best way to describe it would be a roller coaster ride that keeps changing. I'm referring to COVID-19 and the aftermath for so many with businesses closing, unemployment, lock-downs, home schooling, the share market and general anxiousness about catching the virus etc etc. Only now during May 2020 are we getting closer to some sort of normality with schools now back and restrictions being lifted.
New listing alert:
34 Brisbane Corso, Fairfield
3 bedroom, 1 bath, 2 car - This renovated lowset home on a 647m2 corner block is a must to inspect. Check out the video feature below.
What's coming to the market in June 2020:
Annerley house (422m2 block) - 2 bedroom, 1 bath, 2 car / This property has a number of options and it's located within minutes of the PA hospital and Dutton Park Station.
Camp Hill house (665m2 corner block) - 4 bedroom, 1 bath, 2 car / Lowset brick home within minutes of Whites Hill Village Shops. This is a perfect property to build your dream home.
Holland Park house (615m2 block) - 5 bedroom, 1 bath, 2 car / Renovate or detonate, with a number of new houses in the street this is an ideal property to build your dream home or block enthusiasts ready for their next renovation project.
To discuss any of the above properties please contact Nick Kruger on 0427262698.
Rental market update:
We've noticed an increase in the volume of new properties flooding the market. Either break leases or holiday (airbnb) rentals now looking to secure tenants during the uncertainty of COVID-19. This has had an effect on rental prices, some properties being reduced by $10-15 per week to secure new tenants - some we've even noticed bigger reductions from competitors. Tenants are quite savvy and offering less than the listed price when applying. New protections were also put in place in mid April 2020 for both owners and tenants for a 6 month period, click on the following link to read about the changes to Rental properties during COVID-19.
What's happening In local news:
The exciting upgrade to the Fairfield Train station and Cross River Rail Project has begun.
Features of the Fairfield station upgrades include:
- An additional third platform
- A new station building
- An upgrade to the existing platform
- New overpass and vertical transport system including three lifts and stairs
- Architectural design that considers the surrounding residential areas
- The new overpass, stairs and lifts will improve access to the centre of the platforms
- Provision for accessible parking within the car park
- Relocate and retain heritage shelter
- Existing side platform entry from Equity Street to be retained
Click on the following link for further details - Fairfield Station Upgrades
#autumnmarketupdate #Fairfieldtrainstationupgrade #Newpropertylistingalert