The Wallsend property market is heating up, thanks to its close proximity to the city, Hunter Expressway, good schools and University, as well as value for money housing.
The median sales price for houses in Wallsend in the last year was $406,500.
When comparing this to same period five years ago, the median sales price for houses has increased 30.1% which equates to a compound annual growth rate of 5.4% (source: realestate.com.au)
With a growing demand for houses and an increasing number buyers entering the market, sellers and landlords are understandably cautious with what real estate business they list their property with and are increasingly putting their properties on the market with certain expectations and a desire to be informed.
Wallsend property firm, Mulligan Property Group pride themselves on putting their clients first. They believe it is of utmost importance to manage their client's expectations and provide upfront answers to any questions and concerns owners and landlords may have before any marketing of the owners property takes place.
"Honesty and openness are critical to any relationship", says Jesse Mulligan – Director of Mulligan Property Group.
"As a result, we like to meet with our clients, answer any questions they may have with the aim to understand just what it is they are hoping to achieve, what return they have in mind and over what time period. Once we have that clear understanding of our client's motivations, we are able to work toward an effective and positive result for our clients."
Mulligan Property Group has recently opened their new office at 108 – 110 Nelson Street in Wallsend.