Article by Liane Fletcher, Co-founder

Published: 27/08/2020 10:46:29 AM

Home Buyers May Be Missing Out On Their Dream Property

Up to 50% of properties now being sold ‘off-market’

For property buyers the old saying ‘what you don’t know, you don’t know’ is not ideal when you are looking to buy your dream home. Buyers want to know about every property available and many buyers are missing out since they are just not aware of all the properties for sale.

Most buyers see properties for sale on the major platforms, that is those that are being publicly advertised. However, there are a whole lot of properties being sold without being listed on those platforms and during Covid-19 there has been a significant upswing towards properties being offered for sale ‘off-market’ nationally. Recent media reports have mentioned up to 50% of properties are being sold ‘off-market’.

Liane Fletcher, Co-founder of Property Whispers (www.propertywhispers.com.au), Australia’s first ‘off-market’ property matching platform, says “Real estate agents and their vendors are likely to sell ‘off-market’ now for a number of reasons:

  • the uncertainty in the current market where house prices have dropped
  • auction clearance rates are low
  • vendors don’t want to spend thousands of dollars on marketing when they don’t know if their price will be met; and
  • the forced lockdown now in Victoria forcing buyers to stay at home.”

Further says Liane, “over the last 6 months, about 50% of the properties listed on the Property Whispers have been listed for sale ‘off-market’. There are so many fabulous properties being offered off-market so any buyer looking to purchase right now would be mad if they are not getting access to these ‘off-market’ properties as they are likely to miss out on their dream home.”

Property Whispers offers every buyer the whole real estate marketplace that is, those properties publicly advertised, ‘just listed’ and being sold ‘off-market’. Off-market properties are no longer just ‘high end’ properties for sale; we are seeing ‘off-market’ properties for sale across the price range spectrum.

Property Whispers has grown substantially over the last year, with more and more properties being listed by real estate agents. During the last 6 months alone, there has been about a 200% increase in properties listed on Property Whispers compared with the same period in 2019. Unlike other ‘off-market’ platforms Property Whispers does not charge agents commission on a successful sale.

“Agents are using Property Whispers as a new tool to help sell properties and right now it’s completely free for them to use. We don’t charge commission on a successful sale and have no plans to do so” says Liane.

Real estate agent Ian Dempsey, Ray White Preston says ““Property Whispers is an extremely valuable tool I’m using. I’ve just received an offer from one of the matched buyers from Property Whispers which is fantastic! Since lockdown, I’ve uploaded all my properties and have had over 400 matches! It’s keeping myself and my assistant busy getting in touch with everyone. I’m not the most tech savvy person but its very simple to use. It’s a no brainer - right now there is no reason not to use it as it adds another pool of buyers to every property. The buyers that are coming through this portal are matched to the particular properties based on their search criteria which is a very warm first call”

Property Whispers gives buyers access to properties they didn’t know before!

Here are a few properties for sale ‘off-market’ right now on Property Whispers:

Property 1

Apartment in Kirribilli, NSW 2061

Number of bedrooms: 2

Number of bathrooms: 1

Number of Parking: 0

Price range: $1,800,000 - $1,980,000

Sales Agent: Matthew Smythe, Belle Property Neutral Bay

What the vendor loves about this property:

We love the Kirribilli lifestyle of shops and cafes being just steps away, and while our lovely apartment is fully renovated with no stairs, half the time we’re not home as we’re walking across the Bridge to the city or enjoying local dinners” says the vendor

Description:

  • 2 beds plus study, Art Deco apartment, level access, waterfront block
  • Gracefully nestled on Sydney's iconic Sydney Harbour
  • Renovated security apartment, spanning a generous 83sq
  • A sophisticated living room connects to the brand new gourmet kitchen complete with harbour glimpses.
  • Two north facing king-size bedrooms are both beautifully equipped with built-in robes whilst the master connects to a versatile sunroom or home office.
  • Living and dining enhanced by a striking pendant light and classic timber parquetry floors
  • Sleek kitchen with bespoke cabinetry, stone countertops, Smeg appliances and harbour views
  • Two well sized north facing bedrooms with built-in robes, white timber venetians and rich carpet
  • Luxe bathroom balancing traditional charm and modern updates in a neutral colour scheme
  • Separate home office or sunroom adjoining the master bedroom, a flexible and function space
  • Ground floor position with level access, world class views from a communal waterfront lawn
  • Lofty patterned ceilings and superb natural light captured from the north, east and west
  • Cleverly concealed laundry facilities, considered storage solutions and customised cabinetry
  • Part of a boutique collection of character apartments within 'The Venetian', experience the unique mix of waterfront beauty and cosmopolitan flair that only Kirribilli provide
  • Perfectly positioned moments from an array of cafes, restaurants, shops and transport options.

Property 2

Townhouse in Preston, VIC, 3072

Number of bedrooms: 2

Number of bathrooms: 2

Parking: 1

Price range: $700,000 - $770,000

Sales Agent: Ian Dempsey, Ray White Preston

What the vendor loves about this property:

The properties locale is excellent just a couple of minutes walk to Regent train station. It is beautifully presented and what they love most is the open plan living dining area that looks over LW Williams Park as well as the master bedrooms balcony upstairs that also has the same outlook.

Description:

  • Stylish Parkside Living 10km From The CBD
  • Join a rare group of homeowners in the City of Darebin to secure a coveted parkside living experience in this private and peaceful two-bedroom townhouse only 10km (approx.) from Melbourne’s CBD.
  • Boasting a prized rear position on a boutique block and backing onto LW Williams Reserve, enjoy the added benefit of never having a rear neighbour but a glorious never-to-be-built-out park view instead! And with direct park access, in many ways it’s like living on an acre without the maintenance.
  • Complementing the picture-perfect surrounds is the sleek and stylish interior, which tantalises the senses with its chic décor, quality finishes and seamless indoor-outdoor design.
  • Gorgeous polished hardwood timber floors generate instant appeal beneath the square-set high ceilings of the fashionable open-plan living domain, enhanced with a gourmet kitchen (waterfall stone benchtops, mosaic tiled splashback and Bosch appliances) and direct access to a private rear courtyard for parkside entertaining or relaxation.
  • A large robed bedroom downstairs serviced by a modern bathroom offers flexibility for downsizing buyers, while an additional robed bedroom upstairs (with large ensuite) takes full advantage of its first-floor position by offering a soothing park view from its private balcony.
  • This immaculately presented townhouse also enjoys the benefits of a separate laundry, split-system heating/cooling, remote single garage, plenty of northern sunshine and data cabling throughout.
  • Enhancing your standard of living is the unbeatable lifestyle location, which is within a short stroll of Regent Village shops and cafes, Regent train station and Gilbert Road trams and moments to schools, Edwardes Lake, Preston Market and the popular High Street strip.

Property 3

Apartment in Southbank, VIC, 3006

Number of bedrooms: 3

Number of bathrooms: 2

Parking: 1

Price range: $1,350,000 - $1,420,000

Sales Agent: Sergio Lopez, Melcorp Real Estate

What the vendor loves about this property:

"Elevated high on the 57th floor, one can enjoy unforgettable views of the City skyline, Yarra River and Bay from this luxuriously appointed home-sized apartment residence, and indulge in the two levels of the world class resort style facilities that Prima Tower has to offer" says the vendor.

Description:

  • Sitting elevated on the 57th floor of one of Melbourne’s most exclusive residential complexes Prima Tower.
  • Expansive central lounge and dining zone complemented by stunning floor-to-ceiling windows acting as a frame for the unforgettable views of the iconic Bay, Yarra River and City skyline.
  • State-of-the-art stone kitchen features a desirable u-shaped design and is highlighted by abundant storage via elegant 2-Pack and timber veneer joinery, and premium stainless steel Miele appliances including a dishwasher.
  • All bedrooms offer generous proportions including the master bedroom which boasts a fantastic walk-in robe and a pristine ensuite.
  • 24-hour concierge, building manager, outdoor BBQ terrace with city views, indoor 25m pool, gymnasium, steam room, sauna, spa, virtual golf range, massage room, meeting rooms, social lounge, games room, cinema room, and kitchen with dining facilities.
  • The iconic Crown Entertainment Complex is located just across the road, while you will also enjoy the nearby Southbank Promenade and Southgate shopping precinct with exciting restaurants and bars, Clarendon Street retail quarter, South Melbourne Market for fresh produce, Boyd Community Hub, Royal Botanical Gardens, CBD attractions, trams, and Flinders Street Station.

END:

Property Whispers launched in 2017 as the world’s first 'Off-Market' property sales platform, instantly matching buyers and their property requirements with all suitable off-market properties in their chosen area. It has since expanded to cover advertised properties as well. Property Whispers works like a 'dating website' matching buyers with suitable properties, just like a buyer’s agent would. This platform is presently 100% free to use.

For further information contact Liane Fletcher, Co-founder, Property Whispers on 0402 333 012 or liane@propertywhispers.com.au