The Blog

The Cairns property market is buoyant, still favouring the Sellers at the moment. I’m seeing a higher number of Buyers per property, so now it’s a great time to sell. Locally Parts of the community are still reeling from the recent devastation left by ex-tropical cyclone Jasper’s flooding, causing a significant dampener to the Cairns […]

Happy New Year! The market will change this year, but it’s not all doom & gloom. Here’s a few factors that will help change the 2024 property landscape; ■  Interest rates will be a key factor. Although another cash rate hike can’t be completely ruled out, the trend towards another rate hike is looking unlikely. Even if […]

Spring selling-season is here! There are traditionally more houses coming to market around now which doesn’t necessarily “flood” the market but does change the equilibrium of supply & demand. With more choices for Buyers this creates stiffer competition for the Sellers therefore property prices tend to reduce to attract those discerning Buyers. Despite regional housing […]

According to CoreLogic data Australian houses increased in value by 1.2% in May, and last month June also increased but by only 1.1%.  Tim Lawless of Core Logic explains that a lack of house to sell continues to be the main factor keeping upwards pressure on housing values. Regional housing values have also trended higher, […]

What did the house wear to the Sydney WorldPride Mardi Gras parade? Address. Ever heard of a ‘fixed-rate cliff’?  It has emerged as one of the biggest potential risks to housing market values, and overall stability in 2023. This “cliff” is when home-loan owners fixed rates end and the new “variable” rates kick in. For example […]

With Christmas & New Year just around the corner I take this opportunity to wish you & yours a very safe & happy festive season.   On a National level, home values continued to fall in November, down -1.0% over the month to be -7.0%, or approximately -$53,400, below April’s peak (Brisbane and Hobart both down -2.0%). The easing in […]

Spring selling season is here, traditionally the best time to sell your property! According to CoreLogic, the national dwelling values have fallen for the fourth consecutive month, along with that the selling conditions in the unit markets have continued to weaken. Despite this the rents continues to rise across Australia’s unit markets. On a less localised focus, which country.. (with […]

This month I’ll start with my current favourite Dad-joke  🙂 Q. What happened to the dog that ate all the Scrabble tiles? A. For days later he kept leaving little messages around the house. According to CoreLogic’s Research Director, Tim Lawless “Although the housing market is only three months into a decline, the national Home […]

Real Estate Agents are in the top 3 least trusted professions in Australia!  So, in the cutthroat world of real estate, how do you find a trustworthy real estate agent?  How do you separate the rare, genuine agent from the ones that would step on their own mother to get a sale?   As trust is […]

So the real estate price growth has slowed down in the capital cities but regional Australia continues to have some momentum, but for how long?  The first quarter of the year has seen Australian dwelling values rise by 2.4%, adding approximately $17,000 to the value of an Australian dwelling. A year ago, values were rising […]

Australia-wide the general property price trend is one of a slowing in value growth, commonly referred to as a softening of real estate prices. However, the national housing market appears to remain reasonably buoyant. Sydney and Melbourne have shown the sharpest slowdowns, conditions are easing less noticeably across the smaller capitals, whilst regional markets have […]

Pricing your property for sale can be a big decision – price it too high and it will sit on the market for a long time, price it too low and you’ll be selling yourself short! I’ve been selling property in Cairns for well over a decade, so I’ve picked up a few tips and […]

1. The hottest zone in a sizzling Far North property market is in the postcode of 4879, with eight of 13 homes to break the $1m in the last quarter on the northern beaches. Recent data reveals homes sold from July 1 to September 30 shows the real estate boom has displayed no sign of abating […]

181-183 Kamerunga Rd. developer, Fineline Construction has lodged a revised development application with Cairns Regional Council to build 14 townhouses there. It’s hoped a new two-storey, medium-density unit block proposed for Freshwater will help ease a critical Cairns housing stock shortage. Two of the region’s biggest property sales of the year have been snapped up almost $30m […]

1. Here’s hoping this year will be less dramatic than 2020, the property market did surge markedly in the last quarter of the year, surely this is a good sign of things to come from now on. 2. According to CoreLogic data Australian home values finished the year 3.0% higher with regional housing values rising […]

Property news for Cairns real estate market Dec 2020 1. The recent HTW Valuer’s report indicates Cairns house prices are now moving upwards, the median trend price has increased by approx. 4.8% from Feb 2020 (pre-Covid19). The latest monthly data released by CoreLogic showed prices grew in every capital city rising by 0.8 per cent nationally. 2. Cairns is also […]

Property news for Cairns real estate market Nov 2020 1. The positive news (perhaps) recent media reports the Reserve Bank indicates recession is over, saying its “best guess” is Australia’s economy will grow in the September quarter, ending the recession. 2. Low interest rates, upward pressure on rents due to record low vacancy rates and a host […]

Property news for Cairns real estate market. The Cairns property market has held it’s ground over the past few months according to the latest REIQ report. With median house prices up slightly from the same period last year. Sales volumes are down 53% from the previous quarter causing strong buyer demand. The lack of tourists […]

RENTALS – According to the latest realestate.com.au data, units at Holloways Beach reported a 10.75 per cent yield in the past 12 months, collecting $310 rent on average. The usual front-runners of rental returns Woree and Manoora, which were among the nation’s best last year, were second and third in Cairns, returning at 9.86 and 9.54 […]

Happy New Financial Year. The QLD Government recently announced new cash grants for first home owners, small businesses, seniors needing household repairs and a $100 million program to build social housing around the state. So, the first home owners grant is extended for newly-built homes. In addition to the existing $15,000 grant, there is now a […]