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PK's Sydney Property Market Update - February 2012

Property company managing director Peter Kelaher offers some updates on the Sydney property market.

PK's Sydney Property Market Update February 2012

Better late than never everyone, sorry it’s been a little bit busy at PK Property this month the market has really taken off.
 
Well, what a difference 1 year makes, I think everybody is sick of the doom and gloom and has suddenly decided to get on with their lives which is definitely reflecting in numbers turning up at open inspections.

Our sales have been incredible the last 4 weeks with 4 purchases in Manly alone and many more all over Sydney.

There are reports that stock levels in Sydney have risen, but in the East, Lower North Shore, Inner West, and Manly / Freshwater area, up to $1.5 million, in houses it is dire.  

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