February | Nathan Simon's Real Estate Insider

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MARKET INSIDER february

2024

Nathan’s Market Wrap-up

What an interesting month February was with different results throughout every suburb. Throughout Pimpama we saw extremely low stock levels and some awesome sale results as you’ll see below. Other suburbs where stock levels have increased did see days on market increase as well as prices soften slightly.

We are still seeing a hesitancy from buyers in regards to large renovation projects and homes that are presented well are selling for fantastic prices. Looking forward we do suspect stock will begin to increase in the lead up and after Easter, however we would not be expecting a large effect on prices in residential areas close to the M1.

If you’re in the market to sell and want some real and honest advice on your next steps, please get in touch with the team

26/32 FORMOSA STREET $700,000 | sold 64 NICKLAUS COURT $1.62M | sold 4 WINDSOR CIRCUIT $1.326M | sold 7 DARCEY STREET under offer 53 STIRLING CIRCUIT $1,360,000 | sold
8/32 FORMOSA STREET
| settled 32 COPELAND STREET $800,000 | settled 12 STONEY CREEK CIRCUIT
| settled 114 MELVILLE DRIVE $1.3M | sold 14 POOL STREE $1.8M | settled 6 BRETT STREET $700,000 | settled
$686,000
$1.085M

construction update.

PIMPAMA STATION

Major construction is underway along Kosciuszko Circuit and on the site located on the corner of Mebbin Street and Gainsborough Drive by ADCO Constructions. Further construction work will also continue within the rail corridor.

COOMERA VILLAGE SHOPPING CENTRE REBUILD

New plans have been drawn for the Coomera Village Shopping Centre rebuild with the petrol station being scrapped in favour of additional tenancies. The Council has made requests regarding parking, footpaths, awnings and other needs, the new plans await their approval.

PIMPAMA CITY STAGE 3 EXPANSION

Stage 3 of Pimpama City constructioin wrapping up and exciting new stores are opening. The development aims to deliver improved retail to meet the needs of our rapidly growing community.

BCF, Super Cheap Auto, Betta Home Living, Pet Stock, Trek Bikes, Jaycar, Sydney Tools, Clark Rubber and Auto Masters are the stores moving in. The expansion is delivering new job opportunities for the community, 300 additional car parks, improved vehicle flow including new entry/exit points and an intersection with the new Pimpama Railway Station due to open 2024.

three tips for preparing your home for sale.

17 Arrange furniture to give the rooms a spacious feeling. Consider removing some furniture from smaller rooms, or any room that may seem overcrowded. If necessary, put large items in storage.

22 Be cautious about selecting colours when painting the interior walls or replacing the carpet. Your objective is to make your home appeal to the largest possible segment of the market. Ask yourself, “How many prospective buyers would feel able to move into my home with their own furniture and not want to replace the carpet or repaint the walls?”

Position your property on the market to be as live-able to as many people as possible. Select a neutral colour scheme that will make it easy for the buyers to mentally picture your home as their own.

34 Check to see that all doors and windows are in good working order. Give special attention to exterior doors. Clean and paint doors if necessary.

Tips sourced from our 101 Tips for Presenting Your Home to the Market seller’s booklet.

FOR PRESENTING YOUR HOME TO THE MARKET
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10 Minutes from the M1 on the Gold Coast

THIS WEEK’S GC BUYER REQUIRMENTS

Where and what our buyers are looking to purchase on the Gold Coast.

Pimpama, Maudsland and surrounds.

Buyer Budget:

Up to $1.7M

Buyer Requirements:

Ideally acreage property, Land size minimum 2000m2 with existing residence and room for a shed/ commercial office.

Pre-approved and will be selling home to buy.

Pimpama

Buyer Budget:

Around $1M

Buyer Requirements:

A light and bright single level home with 4 bedrooms. Open plan living and dining, as well as a pool and lawn space.

Pre-approved buyer with flexible settlement terms.

Buyer Budget:

Up to $1.7M

Buyer Requirements:

Single level 4 Bedroom, 2 Bathrooms and 2 Living spaces. Low maintenance yard with enough room for the children to play.

Buyer has the ability to work with the sellers settlement terms.

Pimpama, Ormeau and Coomera

Buyer Budget:

Around $700,000

Buyer Requirements:

3-4 Bedrooms, 2 Bathrooms. We have multiple investors looking to purchase around the area, tenants in place are okay but not necessary.

40 Minutes from Surfers Paradise

Buyer Budget: Around $1.2M

Buyer Requirements:

Double storey Hamptons style home with beautiful staircase. Low maintenance yard with room for children to play.

Buyer has the ability to work with sellers settlement terms.

Riverstone Crossing Estate

Buyer Budget:

$1.0 - $1.2M

Buyer Requirements:

A well-sized block with in-ground pool and lawn space. 4 Bedrooms, 2 bathrooms, and 2 living spaces.

Subject to sale buyers with flexible settlement terms.

EXPERIENCE THE Difference

Very professional. Great communication.

We are grateful for all your assistance with the sale of our home. Not only got us the price we wanted but the level of professionalism and communications was second to none. Absolute top job!

114 Melville Drive Seller

Delivered on every word right until the end!

If you want an agent that stands out from the rest then Nathan isyour go to agent. His knowledge of the area and current market is evident, and his marketing strategy is exceptional. Nathan gave us realistic expectations from the start and delivered on every word right until the end and achieved the results we wanted. What was expected to be a stressful time selling our home, Nathan and the team made the whole transaction a seamless process. I cannot recommend Nathan highly enough.

Great experience.

Highly recommend Nathan and his team.

128 Melville Drive Buyer

12 Stoney Creek Circuit Sellers See more reviews

Sunday 26th May 10AM - 1PM

Heritage Park Pimpama

THE CRUISE TO REMEMBER

DEPARTS 9:15AM FROM BURLEIGH TOWN TAVERN &NUDGEE BEACH HOTEL

SIGN ON FROM 8AM

welcome Kachina.

She joins us as our Client Service Manager, keeping things running smoothly in the background for our buyers and sellers and supporting the team during busy periods.

6-8 RIEMORE CIRCUIT for sale

coming
10-12 RIEMORE CIRCUIT
soon
30 SWAN ROAD coming
GREAT SANDY CIRCUIT coming
51-57 MUNSTERVALE ROAD coming soon
soon 45
soon
421-431 GREENSWARD ROAD for sale 43 POINCIANA PLACE for sale 59-61 MARTIN PLACE for sale 3162 BEECHMONT ROAD for sale

support the agent supporting the community.

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BOOK A

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