Perthshire property sales through Galbraith for the last 12 months were slightly down on 2021, the firm’s best year on record, but higher than 2019, the last ‘normal’ year before the pandemic. Lack of supply has slowed sales during the autumn, but this is expected to ease in the new year.
Emma Chalmers, partner with Galbraith based in the Perth office, said:
“Rural property in Perthshire continues to be in great demand. Being surrounded by the beautiful countryside the county has to offer, quality of life and a peaceful setting are the principal drivers. We have also seen increasing interest in eco and energy efficient homes, with such property selling particularly well this year.
“Currently lack of supply is the overriding factor in the market slowing the speed of sales. Sellers are keen to launch their properties to the market but with limited stock available to buy it causes hesitation as the choice of what can be bought is less extensive and thus “maybe stay where we are until the market gets a bit more choice” comes into the equation.
“The second factor is the Christmas slowdown – potential buyers are busy preparing for the festive period and are putting off making a decision until the New Year. Christmas is a traditionally quiet period and we usually see the market and levels of interest increase once the New Year arrives and following families having been together and making decisions.”
In line with previous years, 80 per cent of buyers came from within Scotland while 8 per cent were from the rest of the UK and 2 per cent were international buyers.
Galbraith has a network of twelve offices across Scotland and northern England, handling residential property sales worth £230.4 million per annum. The firm also manages and sells rural estates, farms, smallholdings and land. The Galbraith rural team provides advice on some 3.5 million acres of land throughout the country.
Among the best sales by Galbraith in Perthshire this year are properties including:
- Netherkirk House, Rait, Perthshire, which was marketed for offers over £595,000. A beautiful property situated in the conservation village of Rait, with superb landscaped gardens and its own observatory in the garden for stargazing.
- Culdeesland Steading, an impressive family home with three reception rooms, five bedrooms and a self-contained two bedroom annex, situated on the edge of the village of Methven with uninterrupted views of beautiful countryside. Marketed for offers over £750,000.
- Lochie Farmhouse, marketed for offers over £620,000 – an attractive double-fronted farmhouse near Auchterarder in Perthshire, with commanding views over open countryside. The house has naturally light and spacious accommodation with a layout which is flexible and suited for entertaining, with three large reception rooms and five / six bedrooms. Outside, the gardens are nicely balanced with beautiful landscaping, fruit trees, raised beds for vegetables and a herb garden.