As the weather cools the Hinterland property market warms up

With the cooler weather well and truly making its presence felt in the Hinterland, it’s pleasing to see the property market hasn’t lost any heat over recent months.

In fact, according to CoreLogic’s latest reports, we are entering our third consecutive month of positive growth in the housing market.

While the most recent rate rise was a shock to most and a burden on household budgets, Michael Yardney’s Property Update explains there is not a lot of competition in the market at the moment and when listing numbers are low, selling conditions remain resilient. Attesting to this confidence in the market, Cassi Nuske, of McGrath Coast and Hinterland’s Beerwah office says, “we have had a noticeable surge in buyer enquiry resulting in an incredible 9 properties going under contract during May”. Cassi continues, “there are a number of buyers still looking to secure a home in the area. The appeal of larger land parcels, diversity in property types and the relaxing lifestyle enjoyed in the Sunshine Coast Hinterland promises to ensure demand for our area remains steady.”

Considering the current imbalance between supply and demand, home owners may well be tempted to take advantage of the warmer market, opting to list through winter and beat the traditional spring selling surge we typically experience.

If you’re considering selling, interested in an up-to-date appraisal or for market advice, contact Cassi Nuske at McGrath Beerwah on 0415 304 127 for a confidential, obligation-free chat today.

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