Page 9 - 1A Acacia Avenue, Gwynneville

Local buyers.

A look at who’s likely to be interested in your home.

First home buyers.
The design of your home means it will be perfectly suited to first-home buyers seeking a property with the capacity to
update or add to in future as their family grows.

T.V. programs such as ‘The Block’ mean that many of these buyers are looking to create their own masterpiece. They
are therefore including any renovation costs into the purchase equation.

Families.
The combination of quiet backdrops on large blocks, plus the proximity to quality local schools and transport to the
CBD makes Gwynneville especially popular for families – your home included.

A large number of young families are currently moving into the area from their apartments on the Lower North Shore,
Eastern Suburbs and Northern Beaches. They’re looking to upgrade to a larger home with a backyard at a more
reasonable price compared to many of the neighbouring suburbs.

Downsizers.
As a low-maintenance, single-level home, your property will be a popular option for Downsizers. They’re looking to
move from their current, high-maintenance home to one that let them enjoy their retirement and gives them the ability
to ‘lock up and leave’ when they’ pursue their travel plans.

Investors.
In recent months, we’ve seen an increase in the number of local investors looking for a home like yours. Unlike other
buyers, the important factors for this group are: low-maintenance property, good rental return and close proximity to
transport and amenities.

Out-of-area buyers.
We are seeing plenty of out-of-area buyers coming primarily from the Sydney, Greater Sydney and South Coast
areas. These buyers seek out of the local area because they can get more space than they can afford in certain other
areas and are attracted to the great schools, proximity to beaches, strong community atmosphere and renowned
recreational attractions.

Expat buyers.
Our local property market has enjoyed consistently high demand from expats. Many seek to purchase an investment
property with the intention of moving into the premises when they return from overseas. For this reason, this
demographic particularly look for properties which generate strong rental return.

International buyers.
In recent years we have also seen particularly strong demand from international buyers. With Foreign Investment
Review Board (FIRB) legislation now more relaxed, it has paved the way for foreign buyers to secure certain types of
local property.