Huon Home Dazzles Buyers Sale Fast

While there is an 80-day market in Huonville that is typical, these homeowners offer property in just one week.

It’s easy to understand why.

Emily and Ben Davis aim to showcase a warm and tempting ideal “showroom level” home.

This means ruthlessly, hiring professional cleaners, and top marketing packages when filling up skip bins, buying plants and art for walls.

Mrs. Davis said: “We want people to walk through the door and have that wow moment when they walk inside.”

“While we love this home, we will go beyond it. Next, we will rent it out and then build it.”

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Fall real estate agents Greg Fall and Rupert Hansen said Davis’ historic homes with modern interiors were well infected by the market.

“It was sold to the first home buyer, and Emily and Ben were both first-time sellers; it was a great result,” Hanson said.

“It’s the right location, the right time, and the best-in-class suppliers who help us show the house with the best light.

“We held two open houses and the buyers were one of the first groups to inspect the property. They quickly snapped it up.”

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New PropTrack figures show Hobart house prices are up 0.5% per month and 3.1% per year.

The monthly rise is the second largest city in the capital, second only to Adelaide.

Hobart’s median value is $665,000, making it the cheapest city in Darwin.

Rea Group senior economist Anne Flaherty said that despite the slowdown in the number of homes for sale, demand from buyers remains strong.

“House prices are expected to break into new territory later this year, and further lowering of interest rates is expected to increase the momentum of price growth,” she said.

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Mr Hanson said the activity has caused a significant increase in people over the past three or four weeks.

“Suddenly, things are selling faster and easier,” he said.

“History shows that the busier part of the year has not yet arrived.”

Meanwhile, homeowners and buyers holding their breath to reduce interest rates have reason to be optimistic.

Leanne Pilkington, president of the Australian Real Estate Institute, said data from the June quarter showed that inflation is sustainablely tracking the Reserve Bank’s 2.5 per cent target.

“We are clearly moving in the right direction. There are reliable cases of lowering tax rates,” she said.

According to global developments between now and August 12, the question is “how big are the cuts?”, said David Robertson, chief economist at Bendigo Bank.

“The reduction in cash rates in August is comprehensive, but it is uncertain, but the extent of the cut remains to be seen,” he said.

“While the 50 basis point cash rate in August seems unlikely, given the consistency of Michele Bullock’s speech last week, it would be a smart compromise to cut the basis point to 3.5%.