This article is from the Australian Property Journal archive
REAL estate agency Laing+Simmons is capitalising on the strength of the southern Sydney market with the opening of its Laing+Simmons St George / Carss Park office.
Laing+Simmons St George / Carss Park director Bobbi Trajkovski said the new office and experienced local team has set about redefining what local residents should expect from a real estate agent at such a “fertile” time in the local market.
“In recent times, new street and suburb records have tumbled on a weekly – and even daily – basis. Our team is proud to have set records in the Connells Point, Oatley, Hurstville Grove, South Hurstville and Penshurst markets.
“But our focus has never been on simply setting records. Our point of difference is listening to the client, tailoring strategies and generating results that exceed their specific individual needs. This approach will hold us in good stead in changing times,” Trajkovski said.
“Adding to the shift in local market dynamics is the proposed LEP change. There is a strong sense of anticipation about what this might mean, with developers aggressively seeking and securing new opportunities in key locations. The proposed changes will open the door to an increase in medium and high-density developments to meet the steadily increasing demand.
“Investors, downsizers and even young buyers have flocked to new developments in the local area recently, most notably in Hurstville CBD, Sans Souci, Ramsgate and Rockdale. The appetite for new supply is strong and more sustainable price growth coupled with the low interest rate environment supports the buyer equation,” he added.
Trajkovski said demand for local property remains strong, with foreign buyers competing with families squeezed out of the eastern suburbs and inner west because of the high prices, as well as baby boomers looking to downsize.
“While young buyers may have been intimidated in recent times, an easing of prices could see this demographic surge back into the frame as well.
“All in all, it’s a very exciting time for local real estate and the official opening of our new office is our commitment to serve the local community now and over the long-term,” he continued.
Meanwhile Trajkovski said the property market in St George and its surrounds has reached a stabilising point.
“Sales remain strong, vendor expectations are still being exceeded, demand remains robust, but the dramatic recent price growth is flattening to more sustainable levels.
“The sharp price growth experienced over the past 18 months is now easing off and this levelling trend means the focus turns back to steady, sustainable growth in the years ahead,” Trajkovski said. “There are signs the intense transaction and price activity in the St George area is becoming more buyer friendly. We are focused primarily on the client experience and this will continue to set us apart as we enter the next phase in the market cycle.”
Laing+Simmons general manager Leanne Pilkington said the highly experienced team behind the St George / Carss Park office epitomises the type of real estate professionals that Laing+Simmons is targeting as part of its growth agenda.
Australian Property Journal
