Spring has sprung, and similarly, so has the property market. Our team has seen an influx of buyer enquiry on both listed and off-market properties. Many homes are now being snapped up in less than a week! With winter behind us and summer in our sights, people are searching for new property to live in once the warmer months arrive. What better place to relocate besides the sunny Gold Coast?
Put simply, this is a sellers market!
Ideal weather conditions combined with easing travel restrictions, many local and interstate buyers now have their sights set on Queensland. Whether it be a sea or tree change, many buyers are taking note of our ‘best of both worlds’ advantage. Additional contributing factors to our strong demand has further been linked to improvement in local infrastructure. As noted by Herron Todd White, ‘The Tweed Valley Hospital site is under construction, with government spending increased by $90 million to fast track the development.’
With these factors in play, the supply of properties is now at an all time low. In turn, it has never been a better time to list your property for sale. In result, we are now experiencing an increase in off-market transactions with many properties being sold before hitting the market.
So, if you thought the onslaught of COVID-19 restrictions, ever-changing border closures and fluctuating economy would waiver the Gold Coast property market, think again. Our slice of the Coast has never been more sought-after and buyers nationwide are taking note, and more importantly taking action!
For any more information on the current market, or to answer any of your questions, please do not hesitate to contact our team.
