Terranora Suburb Snapshot (Apr & May) - TC

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MARKET INSIGHTS Terranora

1st April- 31st May 2023

$1,580,000

6

House sales achieved in the last 8 weeks

Highest House Sale Price

$1,215,000

Median House Sale Price

35%

-7.6%

139 Average DOM

$7,245,000

Of of buyers were from QLD Sales & Price growth in Terranora so far this year

Total value of real estate sold

28

RWTE Average DOM

48.3% Auction Clearance

75% RWTE Auction Clearance

*StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite

RECENT SALES Terranora

1st April - 31st May 2023

7 Australia Drive, Terranora

4b 2b 2c / Sold May 2023

65 Parkes Lane, Terranora

4b 2b 2c / Sold April 2023

Sale Price $1,215,000

370 Terranora Road, Terranora

4b 2b 3c / Sold April 2023

Sale Price $1,000,000

35 Market Parade, Terranora

5b 3b 3c / Sold April 2023

Sale Price $720,000

*All information sourced is from Pricefinder & this report provides an overview of all sales that have taken place in the area, by all agents not only those of Ray White Tugun/Elanora but other agencies as well In preparing this document we have used our best endeavours to ensure the information contained herein is true and accurate but we accept no responsibility and disclaim all liability in respect to any errors omissions inaccuracies or misstatements that may occur

WHY SELL NOW?

A FEW WORDS WITH TUP CURTIS

April is always a quieter month in real estate and this year was no different Juggling school holidays, Easter and Anzac Day long weekends meant we only saw 20 working days in Australia These factors have possibly contributed to the drop in new listings coming to market, with the nation’s focus being pulled to other priorities

Overall we ’ re sitting at approximately 17 per cent fewer new listings compared to the same period last year

Buyers are expressing a frustration around availability of suitable properties; this could create a fantastic opportunity for anyone thinking of coming to market in the current climate

But what about the time of the year?

Some people feel winter is not the ideal time to place your property on the market, however the cooler months allow the opportunity to showcase some of your home’s features that you may not have considered Here are some tips for you to make your home feel welcoming if you are selling during the cooler months

Light it up

Ensure all of your light fittings are clean and in good working order Especially with mid-week twilight open inspections, having your home brightly lit will showcase the interior features as buyers make their way into the property

Warm it up

Heating should be on and fireplaces lit Showing how cosy your property is at a cooler time of the year, can really make a house feel like a home Let the sunshine in

Especially if you have north facing windows, open up the curtains and blinds and let the warming winter sun show your property’s year-round versatility

Outdoor spaces

Do you have an outdoor heater or fire pit? Get those stoked up and highlight the adaptability of your outdoor spaces in both warm and cool seasons

The way to the heart is through the stomach Having cookies or bread baking in the home as buyers pass through can make the experience even more enticing If you ’ re not a native cook, you can buy the frozen variety, it will do the job just as well

Keep it clean

Wet outdoor areas can create havoc as people transition from outdoor to indoor spaces Make sure you have new, clean doormats, both indoors and out You can consider asking people to remove their shoes as they move from outdoors to indoors to keep your floors clean and tidy

Seasonality aside, the persistent shortage of new housing, rental properties and increased migration are putting significant demand on the second-hand housing market Buyers don’t choose to buy because the daffodils are in bloom, they’re driven by factors much more meaningful than that There is high demand and low supply; now could be a fantastic time to sell your property

ELITE AGENT, ELITE EXPERIENCE The Tup Curtis Team

Tup has delivered a truly unique and unmatched level of creativity to the industry for over 13 years Known for her out-of-the-box thinking, she is a well-known member of the community and passionate about sharing the lifestyle that comes along with being a local.

Across all touch points within every transaction, she’s elevating the expectations in service and the commitment to deliver, and in turn, make one of life’s great stresses, anything but. And it’s Tup’s character, negotiation skills and refined attitude that takes it to the next level having helped hundreds of families moved to and from the area.

Forever one step ahead, Tup is uncompromising in her dedication to continually be better than yesterday For the client, for the future, for her team and family, and this vision is mirrored in the wider Ray White Tugun Elanora Group a collective of like-minded operators in drive and delivery Shaping real estate expectations while creating a legacy of ambition, dedication and perfection

C L I C K H E R E F O R A N O B L I G A T I O N F R E E P R O P E R T Y A P P R A I S A L C U R I O U S T O K N O W H O W T H E S E R E C E N T R E S U L T S M A Y H A V E I N F L U E N C E D T H E P R I C E O F Y O U R P R O P E R T Y ? Tup Curtis | Proudly Ray White | 0424 987 144 | tup.curtis@raywhite.com

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