With Sydney property prices easing, owner-occupiers may have more opportunities to shop around and negotiate on price.
Four suburbs that recently came onto our radar have shifted from properties selling at premiums to selling at discounts:
* Maroubra - 7.18% discount | Median: $2.94m
* Wahroonga - 7.65% discount | Median: $2.85m
* Hornsby - 10.42% discount | Median: $1.85m
* Cherrybrook - 10.07% discount | Median: $2.40m
For buyers looking for a PPOR, tracking vendor discount trends can help identify where negotiating conditions may be improving.
Track market activity and suburb data using PropertyDirector's Professional Plan - $49/month:
www.propertydirector.com.au/choose-plan
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