Property

Agents optimistic sales will flow well in new financial year

Yeppoon Real Estate's Esme and Claudia Coren. Photo Allan Reinikka / The Morning Bulletin
Yeppoon Real Estate's Esme and Claudia Coren. Photo Allan Reinikka / The Morning Bulletin Allan Reinikka

YEPPOON Real Estate principal Esme Coren says the mid to higher end of the local real estate market is starting to firm again after a slower 12 months.

"We have sold a number of properties in the last two months in the higher price categories of $550,000 to $900,000," she said against the backdrop of a five-bedroom home which has just been snapped up by a local couple looking to upsize.

"This is very encouraging for this price bracket which, in the past year, has been a slower market.

"We have seen approximately one less sale a month from this financial year to the previous financial year and the average sale price slightly decreased."

Mrs Coren and her daughter Claudia, who is also a real estate agent, said they were optimistic that sales would flow well in the new financial year with more development flagged for the region.

Check out the latest properties for sale in Rockhampton here and on the Capricorn Coast here

The Herron Todd White July 2014 Month in Review and National Property Market Report has identified the Capricorn Coast region as a market "worth considering" for those looking to invest $500,000.

"Prestige residential property in this locality fell significantly during 2012/2013 and has since levelled out, however homes in the half a million dollar range have remained steady," it said.

"For $500,000, a buyer can still buy a more modern home generally being on-ground with three to four bedrooms.

"For the investor, rents received on three and four-bedroom homes are similar to that in Rockhampton."

The report said the rural residential market had been fairly active in the past six to 12 months.

Most of the properties had been bought by owner-occupiers.

Topics:  real estate




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

'All I heard when my baby cried was ‘you’re a terrible mum'

APN Hey Mummy Feature for online - stock images of Katie Dykes. Photo Marc Stapelberg / The Northern Star

KATIE'S battle with PND is not unlike many mothers.

'I just thought all mums got no sleep'

MELTOPIA battled PND with all four of her children.

4 survival tips for mummas heading back to work

The few reminders every working mum needs to read.

Health and nutrition with kids - how do you balance it?

HOW important is health and nutrition in your household?

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Technology and kids: Do you ever cut their wi-fi?

Check out our new video series featuring mums having a chat

Ken gets an ace for committees

Federal member for Flynn Ken O’Dowd is campaigning for a third term. Photo Paul Braven / The Observer

Flynn MP one of the top 20 in the country

Queensland man narrowly escapes Turkey airport terror

Blake Portch on his holiday, which was almost cut short by the terror attacks on Istanbul this week

Blake Portch knew luck was on his side

Can reduced drinking hours save everyone?

Drunken revellers will be able to use rest and recovery centres under the new laws.

Man could be banned from Rocky CBD for three years

Latest deals and offers

Stockland Terrace - oficial opening

Stockland Commercial Property CEO, John Schroder talks at the official opening of...

Farmers protest land clearing laws

Farmers from across Central Queensland gathered in Rockhampton to express their...

Clive Palmer to re-open refinery

Clive Palmer on ABC radio.

Clive Palmer talks about his achievements, election chances and re-opening the...

Burnett Heads housing development approved

COUNCIL APPROVED: A Burnett Heads housing development has been approved by Bundaberg Regional Council. Photo Contributed

Councillors approved the development seven votes to four

Three bedroom, 1100sqm block: Is this Qld's cheapest home?

BARGAIN BUY: Is this North Bundaberg property the cheapest home in Queensland?

Becoming a real estate mogul is all about risk and reward