Gold Coast Property News
The local market is roaring back to life showing similar signs to the start of last year. We have already noticed sight unseen property transactions and properties selling within a matter of days from coming to market.
Through our offices we sold 35 properties last week, had a 90% auction clearance rate and have listed 26 new properties for sale.
As always if you’re thinking of buying or selling, please reach out for a confidential chat, I would love to help with any advice.
Our Harcourts Coastal results as a team over the past week were:
– Met 719 groups through open homes
– Sold 35 properties
– Sold 10 property by auction giving us a 90% clearance rate
– Queensland had an 79% auction clearance rate
– Listed 26 new properties for sale
– Received 73 rental applications
After a once-in-a-generation lift in property prices lin 2021, analysts forecast prices to stall and fall in 2023, primarily based on increasing interest rates. However, the Omicron strain may slow or even eliminate that market correction. This may point to 2022 as the optimal period to capitalise for those in a position to sell.
If you’re curious about the value of your property, please reach out for a confidential chat