Projects news with Jason Salter | Confidence comes back

July 21, 2020 |
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There were 249 new and modified DA’s last week across New South Wales, and the Sydney metropolitan area had a 77% clearance rate for auctions last weekend.

Confidence is making its way back into the Sydney market, and is spreading into regional New South Wales.

If you would like to know more, stay up to date at lsre.com.au/projects or contact Jason Salter on 0418 846 637.

Transcript:

Hi, Jason Salter here from Laing+Simmons Projects, a place that you can buy a brand new apartment for sale. What about a site for sale? A raw one! Do the DA yourself rather than buy someone else’s. We do have buyers looking for DA approved sites. Hit us up on the website for that: lsre.com.au/projects

This week, short and sharp. 77% clearance rate. 77% clearance rate for auctions last weekend in the Sydney metropolitan area. It’s an incredibly high number and volumes are on the increase. So there are people willing to sell, there are buyers willing to buy and that’s confidence.

The other amazing number was 249 new and modified DA’s right across New South Wales. DA’s meaning ‘development applications’. Developers, government, you name it! They’re lodging DA’s or they’re amending DA’s to fit their local market, and they’re lodging DA’s because they feel confident. Confidence is coming back into the Sydney market in a big way and it is spreading into regional New South Wales.

And last but not least, we’ve got a lot of buyers looking right now. Everything from duplex sites, senior’s living sites, right up to 300 apartments DA approved. If you’ve got a site and you want to trade off-market, now is a great time to do it. Hit us up on the website: Jason Salter, lsre.com.au/projects

We’ll find you the buyer. We’ve got them. And we’ve got stock to sell, but if you want to do a quiet one off-market, we’re more than happy to help.

That’s all for this week. I hope you have a great week and I look forward to really catching up with you soon. Bye for now.

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