If you were looking to buy property in Kyneton over winter, you will have noticed there has not been a lot of opportunity. However, spring is here, and has brought with it new property listings, and great opportunities to buy in the local area.
While there is always a demand for property in Kyneton, during June, July and August this year, buyers lacked choice as relatively few properties were placed on the market.
Spring has seen a revival in the local property market, with more properties being listed, providing many new opportunities for potential buyers.
With interest rates at an all-time low, first home-owners, and investors are in good positions to take advantage of the new properties on the market.
It is also a good time for local buyers who are looking at upsizing, or downsizing, but haven’t been able to find their ideal property and streetscape.
The properties in most demand at the moment are renovated or unrenovated early 1900s weatherboards, and Californian bungalow style homes within walking distance to the main streets and cafes.
The house pictured above is a 1890s period home in Mair street is a great example of the type of properties that are currently available. This particular home was put on the market in October 14th, and sold on October 17th.
If you have been looking for that ideal home in Kyneton but haven’t been able to find it, now may be the time to get back in touch with the local real estate agents to see what new properties have come on the market. You may be pleasantly surprised!
Jennifer Pearce – Raine & Horne