Page 11 - 618 Northcliffe Drive, Berkeley

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.
A large number of young families are currently moving into the area from their apartments from Wollongong and the
Norther Suburbs. They’re looking to upgrade to a home with a backyard at a more reasonable price compared to
many of the neighboring 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 North Shore and Eastern Suburbs. 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.

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.