July 2024 Real Estate Market Update
Welcome to my July update! As we transition into the second half of the year, the real estate market continues to show resilience and steady activity.
Market Overview
In June, I saw consistent buyer interest and solid sales figures. The local market remains competitive, with a median sale price of $1.1M and an average of 37 days on market. Our agency, TOWN, continues to lead with excellence, holding the top spot out of 251 agencies on the Sunshine Coast.
Property Limelight: Successful Sale of a Unit Block in Maroochydore
I’m thrilled to highlight the recent successful sale of a unit blocks located at 52 & 54 Parker Street and 5 Wrigley Street, Maroochydore. This property, which sold for $4,500,000, offered a fantastic investment opportunity with multiple units, providing strong rental income potential.
The modern design, prime location close to local amenities, and excellent condition of the units made this property highly desirable. The sale was concluded swiftly, reflecting the high demand for quality investment properties in the area.
Client Feedback and Reviews
I’m proud to share a recent review from one of my sellers:
“Extremely professional, patient, and assisted us in achieving a great sale within a week of being on the market. Communication was amazing throughout the sale, enabling us to have trust in the process, our agent, and team.”
With the most 5-star reviews on the Sunshine Coast, I’m dedicated to providing exceptional service and making your real estate journey as smooth and enjoyable as possible.
Community and Lifestyle
As the cooler months set in, Maroochydore offers a range of activities to enjoy. From cozy cafes to beautiful nature walks, there’s something for everyone. Winter in Queensland is a special time, and I’m here to help you find the perfect property to enjoy this wonderful season.
HTW Property Clock
For those looking to get a better understanding of how the markets in Australia are tracking, the HTW property clock is an excellent tool. It provides a visual representation of where each property market is positioned in the cycle, helping both buyers and sellers make informed decisions. Whether you’re looking to buy, sell, or just keep an eye on the market, the HTW property clock offers valuable insights. You can check it out here.
Looking Ahead
As we move through the year, I anticipate a steady market with opportunities for both buyers and sellers. Whether you’re looking to buy, sell, or simply explore your options, I’m here to assist you every step of the way.
Thank you for your continued support and trust in TOWN.
As the world gathers for the Olympics, let’s remember the power of community, excellence, and the pursuit of our goals. Just as athletes strive for gold, we’re here to help you achieve your real estate dreams. Go for gold!
