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Property Market Remains Strong

24th December, 2021

This year has once again provided uncertainty and disruptions at times, however one thing that remained constant was a strong property market.  

Agricultural land and lifestyle properties continued to be keenly sought after throughout 2021, resulting in prices trending upward. Contributing factors include low interest rates and strong commodity prices, together with those looking to escape the city for a slice of country following the ongoing COVID-19 pandemic.

Despite a late season, since launching the annual Spring Property Portfolio in October, a large majority of listed properties have sold.   

The company saw land holdings right across Western Victoria change hands including numerous large operational dairy farms, beef, sheep and cropping enterprises along with many coastal and hinterland lifestyle properties, with a clearance rate of more than 90%. 

New heights were met as residential property also boomed, with the company putting forward a record number of homes.

Residential and lifestyle agents worked really hard to list a variety of properties that capture a wide demographic of interested buyers, from homes on acreage, to prestigious homes and of course those fantastic entry-level homes that are ideal for first-home buyers and investors.

With a variety of selling techniques incorporated once again, agents were able to tailor their approach to each individual property and achieve fantastic results for the vendors. 

During 2021 Charles Stewart’s team of hard-working real estate agents have transacted more than 335 individual property sales with a total gross value of more than $350-million dollars with many of the properties sold having achieved record prices for their districts.

Finally, we wish you and your family a happy and safe Christmas and look forward to working with you in 2022.

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