Australia’s leading real estate portal www.realestate.com.au has released current figures on the Mount Coolum property market … and the news is very positive for property owners, particularly sellers.
Labelled by the site as a ‘seller’s market’ it is reported that the:
- Median price for a home in Mount Coolum is now $655,000, an annual price increase of 8%.
- Average rent is $500 per week.
- Average viewing on-line for properties in Mount Coolum was 2,629 per property.
- Average days on market = 40.
Demand still far outstrips supply, whilst these dynamics are in place, Mount Coolum will continue to be a seller’s market.
Auction Snapshot – Sunshine Coast
The Sunshine Coast’s leading Auctioneers, The Auction Group, have released their March Report, and it reflects the ongoing buoyant market here on the Sunshine Coast.
In March their clearance rate was 65% – this includes properties sold within two business days post-Auction.
Their Tag Factor (average increase in price Auctioneer achieved through private negotiation) was 4.21%.
I hope you’ve all been enjoying the Commonwealth Games, what wonderful athletes and comradeship on display; it’s a fantastic spectacle, and it’s been awesome to see so many competitors from the Sunshine Coast achieving person bests, great results, and of course, medals!
Aussie, Aussie, Aussie, Oi, Oi, Oi!