Property News & Insights
It has certainly been a half-year to remember. At the start of 2021, there were signs of diminishing stock levels and values starting to rise. Six months on and stock is very limited across all asset classes.
Some sales are achieving above the asking price and there … Read the full post »
Demand continues to outstrip supply for property on the Fraser Coast and this has been the case now for the past six to nine months. Interest in smaller seaside localities has dramatically increased with the absorption of most available land stock and some opportunistic vendors cashing in on the overwhelming demand. … Read the full post »
It has been reported by the Australian Bureau of Statistics that home loans for first home buyers are at their highest level since 2009. This is due to a combination of low-interest rates and economic incentives which are encouraging people to buy their first homes.
The residential market in Maryborough and the immediate surrounding areas … Read the full post »
It’s great to see our local market remains in the “rising market” segment for the 3rd month in a row this year!
Investor activity on the Fraser Coast is in stiff competition with the fast-paced owner-occupier demand, with most residential stock clearing within four weeks of being listed for sale. Most properties listed to go to auction are frequently sold before the auction … Read the full post »
At the onset of COVID-19, one by one, Australia’s ‘big four’ banks flooded the market with property predictions. Fortunately for property owners, most of the “Armageddon” forecasts were a miss – many by a long shot. So, what’s wrong with predictions?
Following a similar trend to most coastal centres, Hervey Bay is currently experiencing strong demand for all asset classes with very limited supply. Rates of sale for vacant land has dramatically increased, with most new estates selling lots that aren’t even developed yet and developers scrambling … Read the full post »
Australian home values surged 2.1% higher in February; the largest month-on-month change in CoreLogic’s national home value index since August 2003. Spurred on by a combination of record low mortgage rates, improving economic conditions, government incentives and low advertised supply levels, Australia’s housing market is in the midst of a broad-based boom…. Read the full post »
CoreLogic’s last Home Value Index for 2020 points to a strong start for the property market in 2021
Australia’s housing market finished the year on a strong footing with CoreLogic’s national home value index rising a further 1.0% in December; the third consecutive month-on-month rise following a -2.1% drop in dwelling values between April and September.
Australian home values … Read the full post »
CoreLogic’s Best of the Best 2020 report
Despite the impacts of COVID-19, the story of Australia’s property market in 2020 was ultimately one of resilience. In a year like no other, the market is now showing strong signs of recovery after several unsettling months.
So which suburbs were the country’s top performers for the year? Find out in CoreLogic’s free Best … Read the full post »
Hervey Bay
Spring has traditionally been an active time for the Fraser Coast market with an influx of southern travellers escaping the cold winter to enjoy our sunny beachside climate along with the annual migration of whales resting in the waters of Hervey Bay. This year has … Read the full post »
Herron Todd White – Month In Review Hervey Bay August 2020
Since the lifting of Stage 3 restrictions for COVID-19, the Fraser Coast has experienced a return to some normalcy.Tourists from mostly within Queensland have visited for the school holidays and provided a valuable cash … Read the full post »
CoreLogic has released its March Quarter Property Market & Economic Review, Eliza Owen Head of Research Australia provides insights around the state of housing before the onset of COVID-19 as well as an assessment of what is ahead.
Mitchells Realty Hervey Bay , like all businesses and individuals has been impacted by the current COVID-19 situation.
We are continually reminding ourselves of the responsibility we have to each other and to our community at large, and doing everything we can to be proactive and to provide a safe environment for ourselves , staff and our local community. There are many good … Read the full post »
