PALMBEACH
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CURRUMBINWATERS
CURRUMBIN
23/24 FY MARKET WRAP
FROM THE DESK OF ALICIA WILKINS
As we wrap up the financial year, let's take a look at the key statistics and trends that have shaped the real estate markets in your LGA No opinions, just facts from the frontline of the Southern Gold Coast residential market
The year that was: Over the past year, the Southern Gold Coast (Tallebudgera down to Coolangatta) saw a total of 1,050 residential property sales The median house price in the region has risen by 7% to $950,000, while the median price for units has also seen a significant increase, up by 5% to $550,000 The average number of days a property stayed on the market was 28 days, reflecting strong demand
Of the 350 Auctions conducted in these suburbs, Ray White conducted & sold 287 showing market dominance in the Auction space which is backed up by the brands impressive clearance rate of 85% This success underscores the competitive nature of the market and the effectiveness of Ray White's Auction strategy in the Southern Gold Coast region
First-time buyers made up 25% of the market, driven by low interest rates and government incentives Investors accounted for 30% of the purchases, attracted by the region's potential for rental yields and capital growth
The year ahead: The outlook for the coming year remains positive, with continued demand expected to drive further growth Infrastructure developments and lifestyle appeal will keep attracting buyers to these Southern Gold Coast suburbs
We hope this EOFY market wrap provides valuable insights into the performance of the Southern Gold Coast real estate markets For more detailed information or specific queries, feel free to reach out to our team
0402 630 593
aliciawilkins@raywhitecom
The Border Bubble Markets
PALM BEACH RECENT SALES
Nyrang Avenue
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Alicia Wilkins
Encompassing over 9 years of extensive Real Estate experience, Alicia has built a reputation for delivering exceptional results that consistently exceed her clients’ expectations
After excelling in her role as a sales associate to a team of high performing local agents she then stepped out as a sales agent in her own right With an unwavering commitment to providing the very best in customer care the core focus of everything she does is you; whether it be securing a successful sale or helping you purchase your dream home Alicia will ensure that no stone is left unturned when working with you to achieve the very best result possible
Her passion for helping people is complimented by her unrelenting drive for excellence, which in turn ensures that her clients receive the highest level of service each and every time
Alicia has all the attributes necessary to give every seller, buyer and investor the most rewarding real estate experience possible
