Bungalow Property Report - June 2025

Page 1


BUNGALOW

HOUSES

EOFY Property Report 2025

Brought to you by Zoe Wicks

BUNGALOW NEW MARKET TRENDS

$533,000

10

Median sale days on market

8.9 years

Average length of ownership

$460pw

Median asking rent

Property Market Snapshot

The Bungalow housing market has shown strong growth, with the median sales value now at $533,000, marking an impressive 8.5% increase over the past year and a 54.4% rise over the past five years. Properties are selling rapidly, averaging just 10 days on market, and owners typically hold onto their homes for 8.9 years. The median asking rent is $460 per week, reflecting healthy rental demand. Sales activity has steadily climbed since October 2024, and median values have shown consistent growth across the year with a steady upward trend.

MEDIAN SALES VALUE

E O F Y C H E C K L I S T F O R

P R O P E R T Y O W N E R S

G e t a n u p d a t e d p r o p e r t y v a l u a t i o n

T a l k t o y o u r a c c o u n t a n t t o m a x i m i s e d e d u c t i o n s

a n d r e v i e w d e p r e c i a t i o n

R e v i e w y o u r m o r t g a g e r a t e a n d o p t i o n s

C h e c k i n s u r a n c e i s u p t o d a t e a n d r e f l e c t s

c u r r e n t v a l u e s

S c h e d u l e y o u r a n n u a l t e r m i t e a n d p e s t i n s p e c t i o n

- e s p e c i a l l y i m p o r t a n t h e r e i n t h e t r o p i c s

C h e c k c o m p l i a n c e o n t h i n g s l i k e s m o k e a l a r m s

a n d p o o l f e n c i n g

R e v i e w y o u r r e n t a l i n c o m e , l e a s e a g r e e m e n t s , a n d

u p c o m i n g m a i n t e n a n c e p l a n s

T a k e a m o m e n t t o c o n s i d e r y o u r l o n g e r - t e r m g o a l s

- w h e t h e r i t ’ s s e l l i n g , r e n o v a t i n g o r e x p a n d i n g

y o u r p o r t f o l i o

CLICK TO REQUEST A PROPERTY VALUATION

NATIONAL PROPERTY CLOCK: HOUSES

The property clock is a useful method of tracking the property market cycle. It is based on the recognised stages of the property cycle: a boom followed by a downturn in prices, bust as the market hits the bottom of the cycle, and then a recovery period as the market builds towards the next boom.

Brisbane

Bundaberg

Dubbo

Ipswich

Sunshine Coast Whitsundays

CAIRNS

Adelaide

Broome

Darwin

Gold Coast

Townsville

Perth

Mackay

Sydney

Newcastle

Canberra

Central Coast

Mildura Tamworth

Toowoomba

Coffs Harbour

Geelong Hobart

Southern Highlands

Melbourne

Alice Springs
Launceston Shepparton
Port Macquarie
Byron Bay
Illawarra Lismore

GET TO KNOW ZOE WICKS Your Local Bungalow Specialist

Zoe Wicks is a seasoned real estate professional with over 21 years of experience, having cultivated her expertise in the industry through dedication and determination. Zoe’s upbringing working on farms and hospitality on the Atherton Tablelands instilled in her a strong work ethic and determination, shaping her into the professional she is today.

After graduating from Mareeba High School, Zoe embarked on her real estate journey in Cairns, where she quickly established herself as a dedicated professional, and creative agent. With a passion for providing clarity and ease to her clients, Zoe has developed a proven process that ensures a stress-free real estate experience for all involved.

Zoe has purchased multiple properties over the years, renovated, and was the ‘Owner Builder’ of a new home. She has also been actively involved in painting properties and creatively upcycling furniture with a hands-on approach.

Beyond her professional pursuits, Zoe is known for her philanthropic spirit and entrepreneurial drive. She founded the Cairns Latin Dance Club, a nonprofit organisation, where she served as president for two years, showcasing her commitment to community engagement. Additionally, Zoe owned a successful health business in Cairns for 12 years, further demonstrating her versatility and business acumen.

In her leisure time, Zoe enjoys exploring the natural beauty of her hometown, whether it’s swimming in the Atherton Tablelands, snorkelling at Fitzroy Island, or immersing herself in the vibrant local cultural arts scene. She also enjoys moments spent with her two beloved cats.

Zoe’s adventurous spirit extends beyond her professional and personal life, as she has embarked on various thrilling experiences, including trekking to Everest Base Camp, hiking the Overland Trail in Tasmania, and dancing her way through the Sambadrome in Rio Carnival. Notably, she holds the distinction of being the fourth female in Australia to complete the paragliding/paramotoring course, showcasing her courage and adventurous nature.

0477 114 778

zwicks@tspropertygroup.com.au

TESTIMONIALS

CLICK HERE to read all my client reviews.

Knowledgeable & professional.

Zoe was able to market my place in a way that brought out it’s best through the direction of the photographer & the naration of the add on realestate.com. I was impressed with the presentation & pleased when she was able to secure a buyer for my asking price within seven days. Well done Zoe.

- Seller

Zoe was above and beyond a five star rating!!

Zoe was amazing, above and beyond in all areas of professionalism, communication, knowledge, marketing skills, most obliging and helpful from start to finish in the selling of our house. Would absolutely highly recommend!! We are most grateful for having her expertise and kindness throughout the whole process.

- Seller

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Bungalow Property Report - June 2025 by twomeyschriber - Issuu