Bilinga, North Kirra - 2019 - 2020 FINANCIAL YEAR PROPERTY REPORT

2019 - 2020 Financial Year Property Report

BILINGA / NORTH KIRRA

(07) 5599 5222 | www.djstringer.com.au | 76 Griffith Street, Coolangatta QLD 4225

BUYERS QUENCH THEIR THIRST ON COASTAL PROPERTY Despite the global pandemic, the 2019-2020 financial year within the property industry, has been a breath of fresh sea air.

Bilinga has enjoyed exceptionally strong buyer enquiry across all price points, including a surge of enquiry from developers of boutique multi-level apartments, looking to capitalise on the upbeat market and limited stock levels.

Our research indicates that 82 properties in Bilinga changed hands during the last financial year which included some stand out sales, in particular; •

37 sales on Pacific Parade ranging from $435k - $3.375m

•

31 sales along Golden Four Drive ranged from $285,000 to $1,900,000

•

13 house sales ranging from $575,000 at 281 Adina Avenue to $3,375,000 for a luxury beach front home situated at 198 Pacific Parade

•

1 significant land sale at 237 Golden Four Drive which was sold for $3,450,000 for the 1,012m2 allotment

•

1 dual level building on 630m2 located at 408 Coolangatta Rd (Corner of Boyd St) fetched $1,250,000 given it was approved for medical office use

We expect the thirst for Bilinga property to continue with an abundance of buyers chasing both investment & personal lifestyle opportunities.

If you are considering selling or perhaps just curious as to the value of your property please contact the writer in the strictest confidence.

Warm regards

David Stringer 0418 150 731

Australia’s Top 100 Agents

Principal david@djstringer.com.au

TOTAL FREE MARKETING! TO THE VALUE OF $3,000 WHEN YOU SELL WITH DJ STRINGER

Bilinga / North Kirra | 2019 - 2020 Financial Year Property Report

Over $112,000,000 of Sales by DJ Stringer in Bilinga / North Kirra

Unit 18 San Chelsea Unit 21 San Chelsea 7/56 Pacific Pde 302 Pacific Place Nth Bila Vista 23, 37 Golden Four Dr Unit 502 Kirra Wave Porta Pacifique 1 233 Golden Four Dr Bila Vista 8, 37 Golden Four Dr 36 Bila Vista, 37 Golden Four Dr 1/105 Golden Four Dr Porta Pacifique 4, 134 Pacific Pde 227 Golden Four Dr 39 Bila Vista, 37 Golden Four Dr 250 Pacific Pde 8/20 Pacific Pde 4/4 Johnston St 6/58 Pacific Pde Unit 9 Maui Ct, 79 Golden Four Dr Bila Vista 20, 37 Golden Four Dr Pacific Place Nth 26, 143 G4 Dr 1/94 Pacific Pde 129 Golden Four Dr 49-51 Golden Four Dr 216 Pacific Pde 1/285 Golden Four Dr 3/238 Pacific Pde 8/125 Golden Four Dr 3/137 Golden Four Dr 4/4 Johnston St 329/147 Golden Four Dr 2/234 Pacific Pde 7/37 Golden Four Dve 5/363 Golden Four Dve 4/203 Golden Four Dve 1/283A Golden Four Dr 1/199 Golden Four Dr 3/189 Golden Four Dr 2/195 Golden Four Dr 106 Pacific Pde 39/37-43 Golden Four Dr 2/231 Golden Four Dr 3/16 Pacific Pde 3/20 Pacific Pde 1,2,3&4 / 118 Pacific Pde 2/53 Golden Four Dr 2/44 Pacific Pde 4/134 Pacific Pde 1/161 Golden Four Dr 5/4 Archer St 9/4 Archer St 8/4 Archer St 13/4 Archer St 17/4 Archer St 10/4 Archer St 18/4 Archer St 1/4 Archer St 2/4 Archer St 3/4 Archer St 11/4 Archer St 6/4 Archer St 7/4 Archer St 4/4 Archer St 2/174 Pacific Pde

8/174 Pacific Pde 165 Golden Four Dr 5/174 Pacific Pde 3/174 Pacific Pde 11/174 Pacific Pde 10/174 Pacific Pde 2/147 Golden Four Dr 295 Adina Ave 296 Coolangatta Rd 16/4 Archer St 346 Coolangatta Rd 15/4 Archer St 8/311 Golden Four Dr 7/88 Pacific Parade 9/174 Pacific Pde 4/174 Pacific Pde 2/15 Graham St 12/174 Pacific Pde 6/134 Pacific Pde 2/131 Golden Four Dr 6/96 Pacific Pde 102 Pacific Pde 2/307 Golden Four Dr 7/153 Golden Four Dr 4/96 Pacific pde 2/96 Pacific Pde 1/204 Pacific Pde 35/37-43 Golden Four Dr 6/206 Pacific Pde 5/96 Pacific Pde 4/4 Johnston St 3/96 Pacific Pde 20/37 Golden Four Dr 20/37 Golden Four Dr 17/134 Pacific Pde 380 Coolangatta Rd 1/2 Surf St 11/4 Archer St 14/4 Archer St 1/174 Pacific Pde 8/102 Pacific Pde 4/102 Pacific Pde 1/102 Pacific Pde 3/114 Pacific Pde 9/4 Archer St 9/102 Pacific Pde 5/102 Pacific Pde 11/134 Pacific Pde 7/102 Pacific Pde 2/102 Pacific Pde 6/34 Pacific Pde 2/139 Golden Four Dr 1/104 Pacific Pde 1/96 Pacific Pde 28/37 Golden Four Dr 3/102 Pacific Pde 602/106 Pacific Pde 9/311 Golden Four Dr 10/80 Pacific Pde 7/69 Golden Four Dr 8/20 Pacific Pde 8/242 Pacific Pde 5/100 Pacific Pde

SOLD OUT

O N PAC I F I C 102 Pa c i f i c Pa ra d e – B i l i n ga / N or t h Ki r ra

9 6 Pa c i fi c Pa r a d e – B i l i nga / No r th Kirra

PROJECT MARKETING BY DJ STRINGER

RENTS INCREASE IN LINE WITH LOW VACANCY RATES The demand for permanent rental accomodation in the region has soared and our vacancies from a portfolio of around 1,000 residential propeties, is curerntly at zero, which is excpetional given the state of global health affairs.

We believe that the low vacancy levels are a combination of tenants not wanting to move around, largely due to cost and that investor property sales are well down, resulting in less new rental accomodation being available.

In addition, we have experienced a 5% to 8% increase in rent for many properties over the last 2 months, based on the strong demand and little supply.

We expect the rental market to remain tight over the next year, which should please current investors and those looking to aquire property for a stable rate of return.

If you have an underperforming or vacant investment property or perhaps unsure if you are recieivng maximum rent, then please feel free to contact Terri Whitney for a confidential chat.

Terri Whitney 0491 644 897 terri@djstringer.com.au

(07) 5599 5222 | www.djstringer.com.au | 76 Griffith Street, Coolangatta QLD

THE BIGGEST FIRM IN RENTAL MANAGEMENT NOW OFFERING THE BIGGEST DEAL EVER...

In an effort to enhance the net return for all property investors, the team at DJ Stringer are offering FREE MANAGEMENT for all new business until 2021. Not only is DJ Stringer the most dominant force in rental management, but we now offer the best financial reason to make the switch!

BUT WAIT, THERE’S MORE, WE WILL ALSO PROVIDE; • • • •

Free marketing for any vacancy Free rental appraisals Free sales appraisals The transition from any 3rd party manager, as well as pay out any termination period

NOW THAT’S A DEAL!

T H E D J S T R I N G E R R E NTA L T E A M

For a confidential chat regarding your investment property, please contact: Tammy Stringer 0418 778 426

tammy@djstringer.com.au

Terri Whitney 0491 644 897

terri@djstringer.com.au

*certain conditions apply

(07) 5599 5222 | www.djstringer.com.au 76 Griffith Street, Coolangatta QLD | Open 7 Days