White Rock Property Report - Feb 2024

WHITE ROCK PROPERTY REPORT: FEBRUARY 2024 Brought to you by Mark Sheridan White Rock’s Most Recommended Agent

WHITE ROCK

6 Monthly Property Snapshot: August 2023 - January 2024

66

Properties sold

46

Houses

Highest Sale

Lowest Sale

$1.3m

$185k

15

5

Units

Land

MARKET TRENDS: HOUSES

$442,000

15

Median sales value

Median sale days on market

7.8%

10.2 years

12 month change

Average length of ownership

65.3%

$500pw

5 year change

Median asking rent

SALES ACTIVITY - HOUSES

As Cairns’ recorded number one selling agency, Twomey Schriber Property Group sold 521 properties in 2023, with a combined sales value of over $280million! Twomey Schriber’s property sales almost doubled that of any other selling agency within Cairns, and we received over 17,400 buyer enquiries and met over 7,700 buyers through our open homes. For 2024, available evidence suggests owners are in a great position to capitalise on the low stock levels and high buyer demand. If you are interested to see the value change in your property, please get in touch.

Mark Sheridan 0401 973 613 mark@tspropertygroup.com.au

MARKET TRENDS: UNITS

$382,000

17

Median sales value

Median sale days on market

10.7%

8.8 years

12 month change

Average length of ownership

42.9%

$470pw

5 year change

Median asking rent

SALES ACTIVITY - UNITS

DOWNLOAD AN INSTANT REPORT FOR YOUR HOME Would you believe me if I said the median property value for White Rock houses has increased a whopping 65.3% 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: mark@tspropertygroup.com.au Mobile: 0401 973 613 Phone: (07) 4031 3138 Website: www.tspropertygroup.com.au

Data taken from CoreLogic and other sources we believe to be reliable. 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