Alexandra Mannis, Property Manager at Meridien Realty, talks about trends in apartment purchases and sales in Sydney’s north west.
Owning an apartment in the Hills district can be a smart move, especially with the convenience of nearby transport, shopping centres and low-maintenance living. But there are times when selling makes sense, and we’re seeing a few key trends among apartment owners right now.
Some purchased off the plan a few years ago and have seen steady capital growth. They’re now in a position to re-enter the market with more equity and are looking to upgrade to a freestanding home or a townhouse with more space and privacy.
Others are navigating life changes, a new relationship, a separation, or simply needing a separate study now that working from home is part of everyday life. We’re also seeing first-home buyers who’ve reached the next stage in life and are ready to climb the property ladder.
Then there are downsizers who tried apartment living but realised they miss the backyard, the veggie patch, or having a place for the grandkids to play. If any of these sound familiar, it might be time to consider your next move, and selling now could unlock the freedom to make it happen.
