We all know that Fairy Meadow is a great place and very attractive for buyers. If you are considering selling your Fairy Meadow home, and are wondering what buyers are actually looking for, this video will provide information on what you should be conscious of that might be a great motivator for you to sell your home, and help you to ascertain what drives Fairy Meadow property prices.
If you're ready to discover the secrets to being ready to sell your home, download our free insider secrets to being ready to sell checklist.
There are many various styles of housing in Fairy Meadow, with the area being lucky enough to have a diversity of housing. From apartment living to older affordable homes, newly renovated properties and large, modern homes. Units are aplenty and ideal for investors and first home buyers.
Quite often, we see clients that are looking to sell their home, where they have been living for 50 or 60 years. They have been so happy there. Making sure that the home has been maintained is important. Buyers don’t necessarily worry about the home being modern and up to date, but if it is maintained, it will attract more positive attention. You can tell a good quality, well-maintained property as soon as you walk up to the front boundary of the property, you don't even have to get to the front door. The gardens and beautiful and meticulous. Even though it may be an older home, if it has been painted, is clean and tidy, it will always be attractive for buyers.
Fairy Meadow attracts many different demographics – from families looking for a bigger home, to the retiree and downsizer, first home buyers and investors looking to capitalise on the ideal location. With such a diverse target demographic you might wonder what certain requirements they are looking for.
With Fairy Meadow having many older type homes and with the owners moving into retirement or aged care facilities, this is attracting young couples to the area. The homes that need to have a renovation done to areas such bathrooms and kitchens, are attractive to younger couples and first home buyers due to the cheaper price point, and they don’t mind doing work to the property to make it their own. These older types of homes generally have an ideal floor plan, with bedrooms together, and the kitchen, lounge and dining being together. Level back yards are a definite attraction to these types of buyers, as families really love having the living/dining/kitchen overlooking the backyard, along with having a second living area.
Buyers are generally prepared to pay good money for homes that have renovations completed. The area attracts a lot of families that want to stay in the area, but are looking to upsize their home as the family grows. It is attractive to them if the home has a renovated kitchen and bathroom, or even if the home is relatively new. Competition is strong for beautiful homes and particularly homes that have living areas overlooking the backyard.
For buyers who are looking to downsize, they will look for smaller homes, or apartments with a lift, that have been maintained well, but are within walking distance to shops, cafes, etc.
Essentially, every buyer is catered for when living in Fairy Meadow. It is a really great location and people just love the idea of being able walk to the shops, beach, schools or being close to the Wollongong CBD.
If you have a property in Fairy Meadow and you have been considering whether or not you should list your property for sale, consider which category your home will potentially fall into. If you would like to learn more to see whether or not now is a great time for you to list your property, we would love to talk to you.
If you're ready to discover the secrets to being ready to sell your home, download our free insider secrets to being ready to sell checklist.
We hope that has helped you today. If you have any questions, we would love to talk to you and can be contacted on 0426 264 771. We hope you and your loved ones remain safe and healthy. We also want to assure you we are operating – it is still business as usual. Most importantly we are here to help.
Considering how you can Right Size your Home and perhaps move into Aged Care? Register for this short course and learn how to best right size your home when moving into aged care.