The PROPERTY DOCTORS, Sydney Australia Novak Properties

EP. 1541 TOO MUCH PROPERTY HITTING YOUR LOCAL MARKET??

β€’ Mark Novak, Billy Drury β€’ Season 52 β€’ Episode 1541

πŸ“ˆ Is stock flooding your local property market? Here’s how to track it β€” and what it means.

Real estate agents β€” we watch alarm bells in the market, and one of the biggest? πŸ”” Stock levels.

This week we spotted a sudden jump in listings β€” 28 new properties overnight in the Northern Beaches. What’s going on? 🀯

πŸ’‘ Here’s the trick: use the map view on REA to get real-time stock numbers in your region. Essential for spotting trends early.

πŸ‘€ Buyers, sellers β€” this matters. More listings could mean more choice... but also more competition. Add in 5% deposit schemes and potential rate cuts πŸ‘€ and things are heating up fast.

πŸ”₯ Thinking of making a move? Best advice: transact in the same market to hedge against sudden value shifts.

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