Jarrod Farey, Farey & Co Real Estate, Market Insights April 2023

Episode 1. Market Insights: Urban's Mike Bird chats with Farey & Co. Director Jarrod Farey

The first in a series of Market Insights where Mike Bird, Urban.com.au CEO, sits down with specialist in the New Property space to share their insight on the current market.

• April Interest Rate Pause
• Market Response
• Buyers putting the accelerator on to find a new property
• Under supply and the rental crisis
• Underlying drivers of the new property market
• Recent construction issue impact on supply
• Now is the time to make a decision
• Farey & Co Real Estate properties in: Greensboro, Altona, Ashburton, Fitzroy, Balwyn North, plus a strong pipeline launching
• Seeing buyers wanting more boutique properties in key locations, close to the city, and affordable as well.
• Early engagement with the right project marketer will assist in delivering the right product to ensure to project is successful
• Enquiry Profile on Altona North Projects
• Buyer Type & Configuration of Interest by Quarter - heavy downsize driven market
• Seeing early update on the larger product
• A trend around buyers wanting combo plans
• Larger and more expensive product often moving first
• Tips for developers looking to acquire sites at the moment

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Do you have a New Development? Interested in an overview on Urban's audience and services?

The Urban team are happy to help you with the most relevant next step for you:

1. Book a quick video meeting
2. Request a Buyer Demand analysis for your project
3. Collaborate with our news to be the industry expert

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