Bungalow Property Report - Jan 2024

BUNGALOW HOUSES

6 Monthly Property Report: July - December 2023

Brought to you by Zoe Wicks

BUNGALOW House Sales From July - December 2023

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Highest Sale

Lowest Sale

$670k $328k

Houses sold Address

Bed

Bath

Car

Land Size (m²)

Sale Price

9 Dillon Street

2

1

4

581

$328,000

12 Bunting Street

2

1

1

607

$410,000

31 Morehead Street

3

1

1

810

$410,000

14 Bunting Street

2

1

2

405

$422,000

19 Svendsen Street

3

1

1

708

$470,000

74 Morehead Street

3

2

2

495

$500,000

19 Dalton Street

3

2

2

688

$605,000

174 Scott Street

1

1

-

449

$620,000

13A Allan Street

8

4

2

540

$654,000

22 Barry Street

3

1

5

540

$670,000

BUNGALOW’S NEW MARKET STATS

$455,000

49.5

Median sales value

Median sale days on market

7.5%

$535pw

12 month change

Median asking rent

40.2%

10.3 years

5 year change

Average length of ownership

Cairns property owners are in a great position to sell and capitalise on the low stock levels and high demand.

When it comes to selling a property, the state of the market can greatly impact the success of your sales result. There are multiple benefits to selling in a low stock market.

With low levels of properties for sale, the buyer pool is spread thin and gives your property a better chance of standing out.

Buyers who have been actively searching are highly motivated to transact when there are limited options available, increasing the buyer interest and potentially leading to multiple offers.

Properties are likely to sell faster in a low stock market as buyers will act quickly as soon as a desirable listing becomes available.

Zoe Wicks Sales Agent 0477 114 778 zwicks@tspropertygroup.com.au

GET TO KNOW ZOE WICKS Zoe is a seasoned real estate professional with over 21 years of experience, having cultivated her expertise in the industry since her early days on the Atherton Tablelands.

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.

Beyond her professional pursuits, Zoe is known for her philanthropic spirit and entrepreneurial drive. She founded the Cairns Latin Dance Club, a non-

profit organization, 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.

320 Sheridan Street, Cairns North QLD 4870 Email: zwicks@tspropertygroup.com.au Mobile: 0477 114 778 Phone: (07) 4031 3138 Website: www.tspropertygroup.com.au

Data taken from CoreLogic and other sources we assume to be reliable as at 6/2/24. We assume no responsibility or liability for any errors or omissions in the content. The information contained in this document has no guarantees of completeness, accuracy, usefulness or timeliness.

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Kanimbla 6 Monthly Report