Moreton Bay LGA

“They just want that simple life and as much as we’re seeing interest rates rising, it’s still more affordable than in the boom.”

He says interest from locals is still strong, with both first-home owners and investors keen to buy.

“A lot of people had money in equity to now be able to invest in properties,” Robert says.

David Deane Real Estate Strathpine licensee and sales manager Mark Rumsey says turnover is sitting between seven and 14 days from listing to selling.

“Prices have softened with some stock, but quality stock is still achieving very close to what it was when it was peaking,” Mark says.

“We’re very optimistic about 2023 - we think it’s going to be a good year.”

Richardson and Wrench Caboolture principal and licensee Scott Lachmund (pictured) says sales bounced back after a slowish Christmas period, with buyers taking advantage of improved stock.

“People are getting on with business and there’s a real mix of first-time buyers and people downsizing.”

Scott says buyers are drawn to Caboolture and surrounds because of the area’s affordability compared with other suburbs.

“We have started the year positively - we’re still very affordable, where some suburbs are feeling the pinch in Brisbane.”

Image Property Redcliffe sales agent Andrew Reibelt says sellers are coming to terms with having to meet the market to get results, and buyers are inclined to pay more for a property that doesn’t need renovating.

“The polished version seems to be a little bit more attractive than the rough diamond,” he says.

“Buyers are not sure about building because of the number of builders who have been in trouble and the cost of materials.”

Ray White Samford selling principal Brett Crompton says the number of days on market for properties in Samford and surrounds has risen, but agents are seeing strong interest, mainly from Brisbane-based buyers.

“The average length is now about 4560 days, whereas in the middle of last year it was within a week,” Brett says.