Spring market update & office news
Winter has come to an end and spring is finally here....
Over the last few months we've seen the property market continue to show some great results and a huge increase in the number of properties selling off-market.
Sales market update:
On our side we've seen some great results but in general it's been quite busy for all. There's a lot of activity in the air, buyers are flooding the market looking to purchase, interest rates are still low and now with spring upon us we'll know doubt see a lot more selling and properties hitting the market.
Some recent sales:
(click on the photos below to see the property description)
34 Brisbane Corso, Fairfield (sold for $790,000)
6 Rowton St, Holland Park (sold off-market for $690,000)
53 Pavo St, Camp Hill (sold for $650,000)
Off-market sale - 6 Rowton Street, Holland Park
What's coming to the market in the coming months:
Sunnybank house: (647m2 land size) huge 5 bedroom, 3 bath home with 3.2m high ceilings, multiple living areas and zoned ducted air conditioning and much more. Located close to schools, shops and hospital.
West End house: (405m2) split Queenslander with 2 bedroom, 1 bath upstairs and a self contained granny flat underneath. Currently tenanted and returning $630pw.
Loganlea house: (692m2) tidy lowset brick 4 bedroom home with 2 bathroom. Currently tenanted returning $420pw.
Woolloongabba apartment: large two bedroom apartment with third bedroom/sunroom with amazing city views on O'keefe St. Building facilities include roof top swimming pools, multiple BBQ zones and sauna.
For further information on any of the above please email [email protected]
Rental market update:
On the whole the rental market has been quite good with the majority of our properties renting within the first 2 weeks of advertising. Our office rented 8 during July and 7 during August. As we get closer to Christmas the market does tend to slow due to people taking holiday's but this year might be different with COVID-19 and travel restrictions.
We're excited with the next few months ahead and with interest rates still at an all time low and a large volume of buyers actively looking we're expecting a busy Spring market.
Stay safe and keep smiling, we've got this!