MMJ Wollongong Residential Market Update Event 2024
In March 2024, we proudly hosted our inaugural Residential Market Event, which proved to be a resounding success. Welcoming approximately 65 guests, including first-time home buyers, landlords, and seasoned property investors, the event provided valuable insights into various aspects of the real estate market.
Our lineup of guest speakers featured Anna Porter and Paige Robards, who delved into topics ranging from property market trends and predictions to tax depreciation.
Anna Porter, a respected property commentator and principal of Suburbanite, shared her expert knowledge on the market's trajectory for the next 6 to 12 months, highlighting emerging "spotlight suburbs" such as Dapto, Unanderra, Flinders, Figtree, Corrimal, and Fairy Meadow. Predicting a forthcoming decrease in interest rates in the latter half of 2024, Anna emphasized the growing affordability for buyers, particularly in these burgeoning areas.
Paige Robards, representing BMT Tax Depreciation, elucidated the benefits of leveraging tax depreciation services to optimize savings for property owners. Meanwhile, Allesandra Kelly, our Department Manager of Project Marketing, elucidated the advantages of purchasing off-the-plan developments, offering valuable insights into the process and key considerations for prospective buyers.
Daniel Hastings, our Licensee and Director of Residential Sales, provided a comprehensive overview of the Illawarra property market, noting a stabilization despite fluctuations in interest rates and borrowing power. Through illustrative case studies, Daniel underscored the potential for profitable investments within the region.
The event concluded with a dynamic Q&A panel, featuring esteemed professionals from various facets of the industry, including Lisa Walker( department head of Residential Management), Daniel Simonetta (Owner of Conveii Conveyancing) , Laura Eager (Associate of Nikolovski Lawyers), Paige Robards, and Anna Porter. Lisa Walker shared remarkable statistics highlighting the exceptional performance of our Management team, including an impressive 99.98% occupancy rate and unparalleled leasing activity.
In summary, our inaugural Residential Market Update event exceeded expectations, reaffirming our commitment to providing invaluable insights and fostering informed decision-making within the real estate community. We eagerly anticipate hosting this event again next year.
To ensure you're among the first to receive updates about future events, please email us at ressales.wollongong@mmj.com.au
