As house prices drop, real estate agents are getting… creative

House prices across the country are predicted to fall even further this year - here’s one way agents are trying to get around it.

ABOVE: See the video listing in full. 

Interpretive dance in the living room. A flying leap onto the kitchen counter. Strutting.

This might just be the most insane real estate video yet.

Sydney's LJ Hooker Bankstown uploaded the two minute of the residence at Padstow, in Sydney's south-west, earlier this week

The 'Elegant and Luxurious Designer Residence' is certainly a beautiful home. But it's the lifestyle LJ Hooker is spruiking that's caught people's attention.

The story arc appears to follow one man's quest from returning home, all the way to bedtime.

Within that short time he's strutting, he's staring excessively, swimming, salsa dancing and yes: at one point he leaps on to the kitchen counter. Why? We're still unsure.

Naturally, it's captured the hearts, minds - and opinions - of the internet.
Someone’s even spotted a possible structural flaw in the design.
The video has since been removed from the listing.

In a statement, LJ Hooker Bankstown told The Feed: "LJ Hooker Bankstown is always looking for new ways to market our listings; however, this time we missed the mark."

"We understand that our recent video circulated on social media promoting one of our listings may have been taken out of context by some and for this we apologise."

Agents facing a falling market:

Given the current state of the Australian housing market, it's very possible that we may see more and more agents go to such ~creative~ lengths to lock in a sale.

Last week, Moody's predicted that falls in house prices would accelerate in 2019.

The ratings agency said prices would drop by an average 7.7 per cent this year, with parts of Sydney and Melbourne facing drops of more than 15 per cent.

Every area of both Sydney and Melbourne are expected to see a downturn.

Moody's says house prices will fall across Sydney, Melbourne, Perth, Darwin and Brisbane. Hobart, Canberra and Adelaide will see small growth.

Analysis from CoreLogic found that house prices are still roughly 40 to 50 per cent higher than they were back in 2012, but have fallen 11 per cent in the past year.

So, you know, get ready for more of these.


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2 min read

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By Elly Duncan

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