Craig

We'll talk to agents, we'll talk to mortgage brokers.

They will all be here, hundreds of interviews.

But in the meantime, we've got a few more days to reflect back through the time tunnel, which is next.

And good morning to you, James.

Welcome into The Real Estate Breakfast.

Are you a Snoop Dogg or Viggo Mortensen fan?

Well, let's talk about your market because, as I just mentioned, a little bit of a dip and all sorts of reasons being talked about.

One of the reasons is the fewer high-end homes being sold.

They're saying that that is skewing median values.

yes we talked about the investors that have been selling out from last year what's been happening over the last few months around those investors because my understanding is they're still wanting to bail they certainly are and at the risk of boring you with some statistics last financial year for our office 64 of all properties we sold were investors selling out

And what about the quality of stock?

Some are saying that that is lower and as a result, there's a drop in the median price.

Yeah, this article, it was talking about Milson's point and the unit market there.

Some of the units originally sold off the plan to international buyers now facing higher stamp duty costs.

They give an example of a unit that was bought for $3.1 million off the plan.

resold for $2.55 million.

That has got to hurt.

The market now shows greater buyer caution.

What in that space around the off the plan market has there been some sort of burn factor for some people?

Had you been to Adelaide prior to just upending out of Joburg into Australia?