THE PROPERTY 'BUBBLE'... THE REAL ESTATE 'CORRECTION' WE HAD TO HAVE!...
/Our property markets have been overvalued now for many years, especially when you compare the Sydney or Melbourne real estate markets to any other major cities in the world. It is very easy to see that our markets have been in a bubble and there is a ‘Correction’ is on its way.
Please look at the ‘UBS Global Real Estate Property Bubble’ information graph below to see how overvalued our markets really are compared to the rest of the world ;
What’s made News for ‘The Property Expert’ in 2016…
We have been very 'Privileged and Honoured' to be involved in some of the biggest property negotiations in the Sydney prestige property market for our 'high profile and Celebrity’ clients.
Some of our ‘achievements’ are listed below;
Highest Price ever achieved in The Upper North Shore for 26 Wattle Street, Killara - $11.8 Million
Highest Price ever achieved in Northbridge - 57 Coolawin Road, Northbridge - $15.25 Million
Highest Price for Non Waterfront property in Clontarf - 4 Monash Crescent, Clontarf - $5.2 Million
Highest Price for Non Waterfront property in Seaforth - 16 David Place, Seaforth - $6.1 Million
Leonie & I, would like to take this opportunity to wish you a Merry Christmas & Happy New year 2017.
ROBERT AND LEONIE KLARIC
