Sydney, as an international city, shares its high-priced home status with fellow global metropolises such as New York, LA, Paris, London, Vancouver, Singapore, and Auckland. While this results in an expensive property market, it also presents the opportunity to acquire a quality investment that provides financial security beyond retirement. Whether you’re looking to upsize or just relocate within Sydney, it’s crucial to consider how your future property purchase will perform in the evolving Sydney property market. While your new home should align with your family’s needs and lifestyle preferences, it’s equally important to recognise that the overall quality of the investment represents the most significant driver of future value. Buying a home in Sydney is distinctly different from buying well in Sydney. While superannuation plays a vital role in retirement funds, the reality is that few Sydney homeowners have superannuation that rivals the value tied up in their primary residence. Therefore, your home is likely to be a crucial component of your future living funds, making your principal place of residence your most important investment-grade asset.
Making a wise purchase in Sydney involves acquiring an investment-grade property with distinct benefits and features that set it apart from its peers. Scarcity is paramount in the property market, so choosing a property with features that are limited in the broader context of the Sydney property market gives your primary asset a competitive edge and elevates its scarcity ranking. This can be as fundamental as considering the geographic aspect of the home (North East is optimal in our city), the topography of the block, or the characteristics of the surrounding area. Features such as views, water access, proximity to transport, level of tranquillity, commuting distance to the CBD, and the potential for additional income streams (like a granny flat), are all qualities that contribute to the list of scarcity features. These features differentiate a quality property and drive its future value above market averages. In practical terms, scarcity ensures strong demand at the time of sale, facilitating an easier sale process and the potential to sell above average market value. While the use of a buyer’s agent is commonly associated with property investors or expat/foreign/interstate buyers, professional buyers’ agents like MCS Buyers frequently act on behalf of Sydney residents. Our clients realise that being an infrequent property buyer cannot compete with the knowledge and experience of a Buyer’s Agent working fulltime procuring property in the Sydney Real Estate market. Investment-grade property denotes an asset that offers unique market benefits beyond its peers, creating an investment with scarcity as a driver for performance above market averages. As a Strategic Buyer’s Agency, MCS Buyers brings local market knowledge, experience, and the ability to identify properties with greater buyer appeal or the potential to unlock value. Our extensive experience across the Sydney property market enables us to guide clients towards homes that not only align with their individual brief but also stand out from other properties by offering unique benefits. If you’re aiming to acquire a quality asset in the Sydney property market, reach out to us at MCS Buyers for an obligation-free chat to learn more about our buying services. The type of property you purchase is the most critical element in securing a future investment-grade asset that will deliver growth above market averages for many years to come. At MCS Buyers, we focus on securing quality investment-grade property at all levels of the Sydney property market to ensure you acquire a quality asset with untapped potential.
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AuthorMalcolm Middleton. Principal - MCS Real Estate Buyers Advocate/ Sale Assist, Property Expert, Entrepreneur, Property Development Archives
August 2024
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