lReal Estate
Market report: Countdown to spring selling season
By Jonathon Howard
THE WEEKLY Real Estate continues its market update with top local agents this week, as the spring selling season fast approaches.
Rural lifestyle properties remain popular across the Tweed Valley according to First National Real Estate Murwillumbah
Principal Scott Reading, who provided some expert industry insights this week.
Mr Reading said the Tweed housing market remains strong and his team are eager to get the spring selling season underway.
“Especially the rural market, which includes lifestyle and acreage properties selling really well,” Mr Reading said.
“In fact, we just had a new rural market listing this week at 54 Mandalay Road, Kunghur.”
Mr Reading said there are plenty of lifestyle buyers coming in from both the local area as well Gold
Coast residents wanting a change of lifestyle and more space.
“Fortunately, the Tweed has great acreage options, which are only the market for around 55 days, which is quite short,” he said.
Looking at the spring selling season, Mr Reading said his team at First National Real Estate Murwillumbah are gearing up for the busiest selling time of the year.
“Now is the time to prepare your property for spring, which is the best time to list,” he said.
“For any help to get ready or advice to sell, please do not hesitate to contact one of our friendly agents.”
Mr Reading said he believes the market has been “very balanced” for both buyers and sellers.
“We are still seeing a lot of buyers registering their interest in both rural and residential properties, especially below the one-million-dollar mark,” he said.
Mr Reading said most sellers are being realistic and are genuine sellers looking to sell their home.
“We are not finding people are overpricing their properties, they are meeting the market rates, which has gone up 8.5 per cent in the last 12 months, which is strong growth and further proof of how valued the
Open Homes
Saturday, August 9 Schmith Estate Agents
• 27/1 Carramar Drive, Tweed Heads West, 10–10.30
• 7/56 Pacific Parade, Bilinga, 12–12:30
• 8/7 Coolangatta Road, Coolangatta, 12–12:30 JET Real Estate
• 130 Brooks Road, Kynnumboon 9–9.30am
• 102 Shara Boulevard, Ocean Shores, 9.30–10am
• 9 Tweed Valley Way, Condong, 10–10.30am
• 77B Balemo Drive, Ocean Shores, 10.30–11am
• 168 Bakers Road, Dunbible, 11.30–12pm
• 11 Kurrajong Street, Mullumbimby, 12–12.30pm
• 62A Rous River Way, Murwillumbah, 12.30–1pm
Tweed Shire is,” he said. Local agent and Principal at Evergreen Exclusive Estates, Belinda Franks, has given her expert insights and knowledge in preparation for the spring selling season.
“We’re expecting another interest rate drop so now is the time to plan your next move, whether you’re upsizing, downsizing or consolidating, you need to start thinking about your goals and the best way to achieve them,” she said.
Ms Franks said the market is moving and with further rate cuts forecast towards the end of this year, buyers are watching property listings and anticipating when they will start looking for their next home.
“The market is already starting to acknowledge we’re in an upcycle,” she said.
“Our advice to clients if they are planning on a move, they should use the spring season to get ahead
DJ Stringer
• 50 Federation Dr, Terranora, 9–9.30am
• 803/106 Pacific Pde, Bilinga, 9–9.30am
• 10 Mourne Tce, Banora Point, 10–10.30am
• 501/89 Golden Four Dr, Bilinga, 10–10.30am
of other sellers that will be their competition in the market place, as further rate cuts will bring more properties into the market.”
Ms Franks said if sellers have made the decision and are ready to sell, meeting with your agent to discuss your plan and goals will allow you to start readying your property to come to market, to take full advantage of more buyers entering the market.
“It can be a massive job to get your home looking its best and ready to sell,” she said.
“Choose an agent that has the right focus and expertise to present your property at the highest level and guide you through a smooth sale process, to achieve your goals and secure a higher price.
“Be particular about how your property looks to the market and use your agent’s skills to sell in your favour – it’s not rocket science, but without the right expert advice, you could be leaving thousands off the table at the end.”
Always eager to talk shop is Tate Brownlee Real Estate (TBRE) Principal Tate Brownlee who said the market is all about “building trust”.
“TBRE’s days on market are currently leading the industry at 27 days and we’re setting street records week in and week out.
We understand
We understand
We understand that
Our
Our
• 1091/14-22 Stuart St, Tweed Heads, 10–10.30am
• 2085/18-20 Stuart St, Tweed Heads, 10.30–11am
• 304/141 Musgrave St, Coolangatta, 11–11.30am
• 2104/18-20 Stuart St, Tweed Heads, 11–11.30am
• 2/13 Panorama Dr, Currumbin, 12–12.30pm
• 2/15 Boyd St, Tweed Heads, 12–12.30pm
• 38 Amaroo Dr, Banora Point, 1–1.30pm Tate Brownlee Real Estate
• 3 Osprey Place, Kingscliff, 9–9.30am
• 49 Bione Ave, Banora Point, 9–9.30am
• 51/2 Barneys Point Road, Banora Point, 10–10.30am
• 2/22 Beach Street, Kingscliff, 10–10.30am
• 29 McPhail Avenue, Kingscliff, 11–11.30am
“Our auction clearance rate is 79.85 per cent which is far ahead of any of our nearest competitors.
“This shows the strength in the market and our innovative ways we are marketing to reach more buyers build stronger relationships with these buyers and execute better results for our sellers.
“Advice to sellers is to look at agents that build key relationships with buyers and remember the buyers are well educated.”
Finally, advice to buyers from Mr Brownlee was to again “build relationships with local agents”.
“The current market has already picked up heading towards the spring selling season and we’ve seen a lot of interstate activity across the board,” he said.
“Make sure you are building relationships with everyone you need to get the deal done,” he said.
• 6/278-280 Marine Parade, Kingscliff, 11–11.30am
• 26 Glenbrae Drive, Terranora, 12–12.30pm
• 1/1 Cromer Court, Banora Point, 12– 12.30pm
• 4 Kildare Drive, Banora Point, 1–1.30pm
• 2/1 Lochlomond Drive, Banora Point, 1–1.30pm
• 12/12 Solander Street, Tweed Heads, 2–230pm MANA
• 15 Muli Muli Avenue, Ocean Shores, 9–9.30am
• 22 Berrimbillah Court, Ocean Shores, 10–10.30am
• 132 Middle Pocket Road, Middle Pocket, 10–10.30am
• 38 Banool Circuit, Ocean Shores, 11–11.30am
• 75 New Brighton Road, New Brighton, 11–11.30am
• 6 North Head Road, New Brighton, 12–12.30pm
• 14 North Head Road, New Brighton, 1–1.30pm
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anne.besgrove@fnmurwillumbah.com.au
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scott.reading@fnmurwillumbah.com.au
Scott 0401 938 937
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Licensed Real Estate Agents and Stock & Station Agents
helen.flynn@fnmurwillumbah.com.au
Helen 0435 810 254
Bruce 0422 405 827
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