Turning Market
Olivier Miller
24 Apr 12
Recent figures released by the ABS on dwellings financed show that the Queensland housing market is showing signs of recovery, 12 months on from the floods and cyclones of early 2011.
IT SEEMS a confidence boost was all that was needed for the property market to make a comeback on the Sunshine Coast.
Total dwellings financed for owner-occupiers were typically down slightly over the month of January, however trend figures shows that numbers are on the improve. Dwellings financed for investment purposes are also continuing to trend upwards, as more buyers begin to feel that now really is the time to buy.
Our agents have noted a marked increase in traffic through their open homes, auctions and enquiries into the offices, with a lot more activity and negotiations now happening. Recent property statistics also confirm the stabilizing of the market, with sales down just 0.6% in February compared to 4.4% in September last year which reflects solid recovery (as stated on the REIQ website) .
"Not only have we had strong sales since Christmas, but we've had a continuous stream of inquiries from investors and owner-occupiers and first home buyers. "This high level of interest indicates that the Sunshine Coast property market is definitely turning a corner.Whilst it is still a buyer’s market at present, the picture could change fairly rapidly in the coming months.
At present we have a fine and diverse collection of prestige Noosa homes for sale– from the hinterland retreats to the waterfronts offering private beaches and jetties. I believe our local prestige market offers some of the best value buying for absolute prime location property anywhere in the country. We are also lucky here in Noosa that the units available boast great architecture, affordability and lifestyle benefits. We currently have some very affordable and luxurious units/duplexes in key lifestyle locations. Our website, www.lagunarealestate.com.au showcases them to perfection. To enquire further, contact any of our professional sales agents.
Till Next Week
Olivier
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