An open letter to all homeowners in Hervey Bay It’s almost impossible for myself or any of my other high profile real estate colleagues here in Hervey Bay, to go a day without being asked by friends, family or acquaintances – ‘What’s going on with the real estate market right now?’ Put simply, Hervey Bay is in the midst of a real estate boom, a market sentiment that is being shared across most of the country. Last month, within our office, we contracted over $15.5M in property. To put that into perspective, that’s almost three times the rolling monthly average of the previous two years. We have had back-to-back record months, for months on end. According to CoreLogic (the leading property data, information and analytics service to the property industry), the last time we saw a sustained period where every capital city and almost every region
nationwide was rising in value was mid-2009 through to early 2010, as post-GFC stimulus fuelled buyer demand.
lose if I’m buying and selling in the
If you have been following our print, radio and social content, you will know that we have been positioning buyer demand as the highest in a decade. The above numbers only confirm what we already knew.
want to know one thing. ‘What will my
same market?’. They are all important considerations. Overwhelmingly however, people house sell for in today’s market? What am I sitting on?’ That is the bedrock piece of knowledge our sellers want to know, they want to know that before anything else.
Australia’s housing market is in a broad-based boom.
For every 100 homes Prime Agents brought to the market over the last year, we sold 92 of them. We position
Our internal data here at Prime Agents, overwhelmingly indicates that our buyers are also sellers. This brings new properties to the market every week, ready to be snapped up by buyers riding the wave of unprecedented low interest rates, which economists are predicting will be stable for at least two more years.
properties correctly in regards to price, because we understand where the market is, at any given time. I would invite you to reach out to myself personally or to any one of our amazing team below, if you are looking for the answer to that
We field the same questions every day. ‘Is it a good time to sell?’, ‘Where will I go if I do sell?’, ‘Surely I can’t
question - ‘What will my house sell for in today’s market?’ Every conversation begins there…..
Leah Quinn Principal - Prime Agents 0414 187 154 or 4194 1754
Michael Batterham
0401 788 792
Terese Payne
0427 842 590
Sid Boshammer
0407 571 849
Kerri Boshammer
0428 120 656
Stacey Pyne
0438 694 307
www.primeagents.com.au
Mac Buxton
0467 802 425
Ash Heckels
0418 986 867
Vicki Maynard
0439 955 576