EDMONTON
Property Report: July - September 2024
to you
Brought
by Daniel Roser
YOUR EDMONTON PROPERTY MARKET REPORT
In the past three months, the Cairns property market has shown consistent demand, particularly in the southern corridor where investor interest is surging. Suburbs like Edmonton have become hot spots for buyers seeking strong rental returns and affordability.
Edmonton: A Key Focus for Investors
Edmonton has emerged as one of the top-performing suburbs, attracting significant investor interest. Its combination of large blocks, proximity to schools and shopping centres, and easy access to the Cairns CBD makes it an attractive option. Rental yields remain strong, and properties in the area are seeing quick turnovers with tight vacancy rates.
For investors, Edmonton offers excellent opportunities for capital growth and rental income. Demand for rental properties is high, and the suburb’s ongoing development, including infrastructure upgrades and new residential projects, has bolstered its appeal.
Buyer Demographics & Market Trends
The southern corridor, particularly Edmonton, continues to attract families and interstate relocators, as well as investors. Families are drawn to the affordability and communityfocused amenities, while investors see strong returns in a market where rental properties are snapped up quickly.
Significant infrastructure projects, such as road upgrades and local amenity expansions, are fueling confidence in the region’s growth potential, particularly in areas like Edmonton.
Outlook
The outlook for the coming months remains positive, especially in Edmonton and the southern corridor. Strong investor activity, combined with tight rental supply, will likely continue to push up prices and rental yields. This makes Edmonton a key area to watch as both investors and families look for value and growth potential.
If you’re curious about the current market or would like some friendly advice on your property’s value and potential, feel free to reach out. I’m always happy to help.
Daniel
24 Meranti Street Sold $599,000 Off Market Sale
MARKET TRENDS: HOUSES
MARKET TRENDS: UNITS
9 Spartan Close Sold $640,000 Multiple Offers
2/39B Graham Street Sold $570,000
2/29 Galeandra Street Sold $440,000 Off Market Sale
8 Del Manso Crescent
Sold price: $600,000
2/29 Galeandra Street
Sold price: $440,000
9 Spartan Close
Sold price: $640,000 MultipleOffers
Lot 2, 1/39B Graham Street
Sold price: $562,000
2/39C Graham Street
Sold price: $570,000
61 Page Road
Sold price: $980,000
SoldOffMarket
MultipleOffers
1/39A Graham Street
Sold price: $562,500
24 Meranti Street
Sold price: $599,000
Lot 3, 2/39B Graham Street
Sold price: $570,000
17 Banville Street
Sold price: $623,212.50
1/39C Graham Street
Sold price: $564,000
WHY TWOMEY SCHRIBER?
2024 Year To Date Statistics Properties sold
449 $250m 21.3
14,837
3,936
5,437
17
Value of properties sold
Average days on market
Enquiries received Active buyers
Open home attendees Sales team members
250+ 14%
Combined years experience Top market share in Cairns
TESTIMONIAL
“All round top agent - can I give him 6 stars?
I found Daniel to be a very professional operator. From the start, he communicated what he need from the property in order to meet the market and his delivery was respectful and encouraging.
He was realistic with pricing and explained his thought lines. Throughout the process he kept us informed with the outcomes of open homes and potential buyers. He always arrived well before the open home times so that we had time to vacate and he was always very positive.
Daniel is a good listener and was considerate of what my needs were and had a genuine respect for the property and my furniture and contents. He always took his boots off even when I said he didn’t have to.
I found Daniel’s knowledge of the market to be vast and if ever required, he was able to call on the knowledge of his colleagues.
During the time after the contract was signed, Daniel kept me updated on when sale conditions were met and checked in on me a number of times when the contract was unconditional, to ensure everything was on track for settlement date. The settlement transaction was smooth and not 5 minutes after he was on the phone to congratulate me.
Thanks Daniel, you have made this transaction worry-free and would not hesitate to recommend you to anyone looking to buy or sell real estate.
- Seller
Would you believe me if I said the median property value in Edmonton has increased a whopping 73% in only 5 years?!
CLICK HERE and enter your address for an instant Digital Property Report that highlights your market value including recent sales, rental history, suburb report and more.
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