Buyers market in alpine property
THE PROPERTY market is alive and well in the alpine areas and the current trends show that those who are happy to be flexible on price are reaping the rewards.
According to Mark Adams from Mark Adams Real Estate at Mt Buller, transactions are happening where parties are prepared to be flexible on price to meet the current market.
And Mr Adams has the sales to back up the trend with more than 15 properties sold by his agency alone in recent months.
“Over 15 sales vindicate that sellers who are prepared to meet the market and have a property to suit the current demand can sell,” Mr Adams said.
“Some purchasers currently own a property and are upgrading, while others are legend skiers as well as first time Buller property buyers who recognise that this is now the time to purchase in the cycle.”
Mr Adams also states that while finding the right property that is going to meet the needs of one’s alpine pursuits is of course important, it is only part of the equation.
“Getting the right advice is important in terms of a specialist solicitor especially with sales related to Alpine leasehold.
“And direction towards a proven financial institution who understands and will lend on leasehold land where finance is required to finalise a transaction,” Mr Adams stated.
It is also imperative to have a professional real estate agent to sell or buy from and following the agent’s advice where flexibility and experience can greatly assist is a proven winner for all parties involved.
For those keen to invest in the Mt Buller or base of Buller market, Mark Adams Real Estate can offer both sellers and buyers up to date, sound advice in all property fields.
“Currently there are new listings and existing properties at great prices to suit every budget,” Mr Adams said.
“Follow the leaders and capitalise on the opportunities, as this is the time in the cycle to purchase.”