We are experiencing properties selling in a matter of hours after being listed, not days or weeks.
Most have multiple offers, as one agent explained a property was sold with seven buyer offers, being sold for $150,000 over the list price.
Expat Buyers from overseas and many from VIC and NSW are buying everything, sight unseen and nil investigations, sadly I think there will be many disappointed with what they have purchased once they arrive.
Traffic noise, bad neighbours, no breeze, slippage and extreme fire risk areas are just a few of the things you dont see with a 'facetime' inspection.
There has never been a better time to engage a Buyers Agent.
It really is the perfect storm for a Sellers market -
1.there are very few listings coming onto the market
2.its Christmas holidays, the key time for family relocations for work/schooling etc
3.the December 1 opening of the boarders between states bringing interstate migration