Spring Hill

Spring Hill Real Estate Agent’s Spring Market Update

Soaring buyer demand pushes turnover to new highs

Spring Hill property management

With a quarter still to go, this year’s sales turnover of local apartments and houses are already eclipsing 2020. This is one of the busiest markets we’ve ever witnessed, with soaring buyer demand for all types of dwellings.

The low median apartment price is reflecting a flat out 1 bedder market – many owners of these are finally selling up to take advantage of a hot market. The top performers are buildings from the 1990’s through to around 2005, with their larger floorplans impressing buyers.

New developments are getting underway but for now the market is definitely in favour of sellers.