The EOFY20 Upstate Update!

Welcome to July!

It’s safe to say that the last few months have thrown some serious curveballs at everyone, including the real estate industry.

Even as the largest Residential and Commercial property agency on Sydney’s Northern Beaches, Upstate also experienced the struggles of slow economic recovery, restrictions and physical distancing. Nevertheless, we embraced opportunities amidst the current situation and became more resilient than ever in providing you – our cherished clients – with ongoing, innovative service.

And it all paid off, as we’re actually showing better real estate results now than in 2019!

Here’s our 3-month Upstate Update, and how it benefits you.

Commercial and Residential Performance Summary Report

Looking back at what we’ve accomplished over the past 3 months allowed us to reflect on how we can maintain, improve and evolve our services to suit the growing needs of our local community.

At Upstate, we’re consistent, committed and tenacious about Sydney real estate – which is why our results didn’t slow down across both commercial and residential sectors on the Northern Beaches.

Firstly, our Auction Clearance Rate over the last few months has remained consistently higher than the Sydney average.

Interestingly, our total enquiries numbers were up from 2019, totalling 4,715 – which is just shy of 1500 more than last year.

During these last 3 months, our team adapted well and sold 87 residential properties, which was 11 more than last year, while our leases held strong.

Enquiries for commercial properties in the area, both for buyers and tenants, have been quite high. In fact, our team leased 41 commercial properties, which was 15 more than last year.

So, despite the media saying that everything was quiet in Sydney real estate, we found it to be quite the opposite.

Despite all that’s happened, Upstate continues to work hard for you.

We’ve sharpened our services in the following ways:

  • Expanding our team, to ensure plenty of people are available to help you
  • Increasing our team training to continue to improve our customer service and expertise
  • Investing in more digital technology initiatives to offer even better results for clients
  • Improving our research capabilities to always keep our finger on the local real estate pulse

All of these initiatives are designed to continue to provide the iconic service we’re known for.

So, whether you wish to buy, sell, rent or lease, we are dedicated to being right by your side to fulfil those dreams and help you find yourself in a better place.

Do you want a free appraisal on your home? It’s the perfect time!

With all the turbulence over the last 12 months, you are probably wondering what your home is worth right now.

So why not find out? Your trusted Upstate team are here for you.

We can identify your property’s worth to help you make more informed decisions, whether you’re just curious or if you’re considering selling your home now or well into the future.

Contact us on 9971 9000, visit upstate.com.au or email us at hello@upstate.com.au

You can also pop in at Level 1, Suite 15 888 Pittwater Road Dee Why, NSW 2099.

Have you lodged your tax returns? Read our 8 property tax time tips that may come in handy over the next few weeks.

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