EDMONTON
Quarterly Property Report: April - June 2024
to you
Brought
by Daniel Roser
YOUR EDMONTON PROPERTY MARKET REPORT
In the past quarter, the Cairns real estate market has demonstrated strong health and resilience. While buyer activity has slightly decreased in some areas compared to three months ago, the market remains robust. Notably, there has been an increase in available properties being offered to the market, one of the first times this has happened since the start of the COVID boom. The uncertainty surrounding the direction of interest rates is also contributing to the current conditions. Despite this, Cairns remains somewhat insulated from broader market volatility due to the strength of its health and social sectors, which account for 33% of all jobs in the region.
The ongoing challenge of high construction costs in Cairns, which are approximately 12% higher on average than Townsville, continues to make it difficult for many people to own or rent while building new homes. This cost disparity underscores the importance of careful financial planning and strategic decision-making for prospective homeowners and renters.
For those looking to buy and sell property at the same time, getting an up-to-date market estimate is essential for making well-informed decisions. Buyers are advised to secure preapproved finance, gather substantial deposits, and maintain a proactive stance to effectively navigate the market. Properties that are priced
competitively, well-presented, and promptly available continue to perform well, emphasising the significance of strategic pricing and presentation for sellers.
In conclusion, Cairns’ real estate market continues to demonstrate remarkable resilience amid evolving dynamics, despite a slight cooling in buyer activity. By staying informed and proactive, both sellers and buyers can capitalise on opportunities and position themselves advantageously in this promising market.
For further insights tailored to your specific circumstances, I invite you to reach out for a comprehensive property review.
Daniel
83 Woodlock Drive Sold $557,000 Off Market Sale
FOR THE PAST 3 MONTHS
MARKET TRENDS: HOUSES
MARKET TRENDS:
93 Woodlock Drive Sold $642,000 Multiple Offers
21 Isley Street
Sold $635,000
13/27-29 Stokes Street Sold $264,000 Multiple Offers
4 Potts Close Sold price: $640,000
93 Woodlock Drive Sold price: $642,000
Sold price: $675,000
9 Simpkin Close
11 Trojan Street Sold price: $630,500
Sold price: $236,500
21 Isley Street Sold price: $635,000
Street
Lot 7 Wiseman Road
Lot 8 Wiseman Road
83 Woodlock Drive
Sold price: $557,000
17 Savage Street
Sold price: $495,000
10 Quinn Drive
Sold price: $590,000
3 Natale Street
Sold price: $640,000
17/16-20 Mount Peter Road
Sold price: $220,000
13/27-29 Stokes Street
Sold price: $264,000
21 Ayla Court
Sold price: $210,000
1/39C Graham Street
Sold price: $564,000
WHY TWOMEY SCHRIBER?
Properties sold 304 2024 Year To Date Statistics
$169.1m 26.67
10,227 3,804 4,022
17 250+ 13%
Value of properties sold
Average days on market
Enquiries received Active buyers
Open home attendees Sales team members
Combined years experience Top market share in Cairns
TESTIMONIALS
“Highly recommend Daniel Roser. Daniel’s knowledge of the area, his professionalism and service made selling our house so easy and stress free. He knew exactly how and at what price point to market our property to best benefit us. I would highly recommend Daniel to anyone looking at selling their property.
- Seller
“Simply the best person you could ever go to for selling your house. I spoke to several agents before deciding on Daniel to sell my house for me. He was honestly head and shoulders above everyone else I spoke to.
Daniel understood exactly how to speak to me as a first-time seller; he talked me through everything step by step without patronising me. He is very personable, polite, and calm also, which gave me great confidence he could handle any difficulties that might have come up.
When I contacted Daniel, he either picked up the phone rightaway or called me back within about 5-10 minutes.
I am someone who can get easily frustrated with the service provided by companies these days, however, I can honestly say that doing business with Daniel is probably the best experience I can remember in this regard.
10/10 for outstanding service, professionalism, knowledge, and just being an all-round decent, reliable guy. He got a great price for the house too!
- Seller
CLICK HERE to read all my client reviews.
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320 Sheridan Street, Cairns North QLD 4870
Email: daniel@tspropertygroup.com.au
Mobile: 0423 647 751
Phone: (07) 4031 3138
Website: www.tspropertygroup.com.au