Buyers Encouraged to Act on the Favourable Conditions of the New Year
Lloyd Edwards, Sunshine Coast Zone Chairman of the Real Estate Institute of Queensland, warns that if property buyers do not act quickly, the opportunities of 2013 will soon be lost.
Mr Edwards has emphasised that the time is ripe for savvy buyers to make their move, organise their home loans and secure quality properties at reasonable prices. Time is of the essence as a shortage of properties being listed in the central market is soon expected.
Buderim is one such market that has recently shown good promise and the sale of a beachfront Noosa unit originally listed for $7.5 million is suggestive of the property market gaining strength. Tom Offermann, Principal of Tom Offermann Real Estate says that the Noosa market began to improve in mid-2011.
It is a similar story in Caloundra with Andrew Garland, Principal of Ray White Caloundra, describing the previous 12 months as a year of consolidation and the creation of a strong foundation for the property market of the area.
Buyers also seem to be back in the hinterland region, although a slow period of recovery is expected for the area.