Optimism in the air in Sydney property market

Negativity premature as buyers return to Sydney

February 26th, 2018

After a weekend which saw auction clearance rates in NSW climb back up over 70%, optimism remains in the air for Sydney’s property market according to Poly Australia Sales and Marketing Director Jay Carter.

The summer launch of Tilia by Poly in the north shore suburb of Lindfiled coincided with a solid Saturday of auction results across Sydney.

“Good auction volume in the market held up quite well over the weekend and showed that buyers are still active in the market. This shows that any negativity around the current market climate was clearly premature,” said Mr. Carter.

At Tilia by Poly, the downsizer market remained the strongest and most active on the day.

Demolition began on the site in early January, with construction to begin in June 2018.

The 5,292sqm site will feature a mix of 1-bedroom, 2-bedroom and 3-bedroom apartments across 68 units.

The project is expected to be completed by mid-2019.


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