Surfers Paradise
We are entering a new property market right now that no one expected during our challenging times of 2020.
Property home values across all capital cities are reaching new record highs, creating strong selling conditions as the demand to buy, relocate and upgrade lifestyles increases, making it a seller's market.
The latest Australian Bureau of Statistics revealed that the value of new home loan commitments also reached record highs in 2020. First home buyer loan commitments raised by +9.3 percent in December and a huge +56.6 percent over the year.
Housing prices are rising as listing numbers remain low. However, some research strategists have said that we could see an ease in price growth as more sellers enter the market and list their property for sale.
AVERAGE NATIONAL PROPERTY VALUES | JANUARY
Houses $607,389 – a rise of +1.1%
Units $528,186 – a rise of +0.2 %
WE ARE HERE TO ASSIST YOU
If you are thinking about selling or buying or would like an obligation-free appraisal on your property, our friendly and experienced team are here to assist you. We can share factual data about your property's value, local listings, and relevant general market research.
You could be pleasantly surprised by the value of your property.