Welcome to the January monthly report from Rose & Jones, where we recap the latest insights from the last 60 days to inform your property search, with detailed insights across six suburbs in Queensland and Northern New South Wales. The following statistics and observations aim to help you make informed decisions in your property search and investment strategies.
Mermaid Waters QLD 4218
- New Sale Listings: 33
- Average Days on Market: 63.81
- Average Vendor Discount: -0.98%
- Recently Advised Sales: 34
- Recently Withdrawn Listings: 79
- Total Rental Listings: 97
Key Insights:
Mermaid Waters is maintaining a balanced market with 33 new listings and 34 sales. Properties are spending an average of 64 days on the market, reflecting moderate buyer interest. A vendor discount of -0.98% indicates sellers are slightly adjusting prices to meet market expectations. With 97 rental listings, Mermaid Waters offers solid opportunities for investors seeking steady tenant demand.
Mermaid Beach QLD 4218
- New Sale Listings: 66
- Average Days on Market: 48.13
- Average Vendor Discount: -0.61%
- Recently Advised Sales: 32
- Recently Withdrawn Listings: 116
- Total Rental Listings: 133
Key Insights:
Mermaid Beach remains an active market, with 66 new listings and 32 sales. Properties are moving relatively quickly, with an average market time of 48 days. A vendor discount of -0.61% suggests sellers are achieving close to their asking prices. The rental market, with 133 available listings, supports strong investor appeal in this high-demand coastal suburb.
Miami QLD 4220
- New Sale Listings: 25
- Average Days on Market: 72.63
- Average Vendor Discount: 0.06%
- Recently Advised Sales: 20
- Recently Withdrawn Listings: 60
- Total Rental Listing: 86
Key Insights:
Miami shows longer average days on market at 72 days, suggesting slower buyer activity. The near-zero vendor discount (0.06%) indicates that properties are selling close to their listed prices. With 86 rental properties, Miami remains a steady option for investors looking to attract tenants in a quieter yet sought-after location.
Mullumbimby NSW 2482
- New Sale Listings: 22
- Average Days on Market: 81.34
- Average Vendor Discount: -0.29%
- Recently Advised Sales: 8
- Recently Withdrawn Listings: 50
- Total Rental Listings: 27
Key Insights:
Mullumbimby reflects slower market activity, with 22 new listings and only 8 sales over the period. Properties are spending over 81 days on the market, suggesting buyers are taking a cautious approach. The minimal vendor discount (-0.29%) indicates sellers are holding firm on pricing. With just 27 rental listings, the suburb offers a tighter rental market, which could appeal to investors seeking scarcity-driven demand.
Ballina NSW 2478
- New Sale Listings: 31
- Average Days on Market: 72.87
- Average Vendor Discount: -0.99%
- Recently Advised Sales: 39
- Recently Withdrawn Listings: 43
- Total Rental Listings: 41
Key Insights:
Ballina demonstrates healthy sales activity, with 31 new listings and 39 recently advised sales. Properties are spending an average of 73 days on the market, reflecting moderate buyer interest. The vendor discount of -0.99% suggests sellers are making slight price adjustments to close deals. With 41 rental listings, Ballina presents a balanced market for both tenants and investors.
Kingscliff NSW 2486
- New Sale Listings: 42
- Average Days on Market: 72.74
- Average Vendor Discount: -1.43%
- Recently Advised Sales: 34
- Recently Withdrawn Listings: 82
- Total Rental Listings: 74
Key Insights:
Kingscliff has seen strong activity with 42 new listings and 34 sales, indicating steady buyer demand. The average days on market (73) and vendor discount of -1.43% suggest that buyers are negotiating effectively. With 74 rental properties available, Kingscliff continues to attract tenants, making it an appealing suburb for investors.
Summary of January Insights
This analysis highlights a mix of opportunities across Queensland and Northern NSW. Mermaid Waters and Mermaid Beach demonstrate faster turnover and minimal vendor discounts, indicating strong demand. Kingscliff and Ballina show balanced activity, appealing to both buyers and investors, while Mullumbimby offers slower activity but unique opportunities for patient buyers.
Whether you’re looking to buy or invest on the Gold Coast, our team of buyer’s agents can help. For help getting started or more detailed information on any of these suburbs, please feel free to reach out to Byron Rose at Rose & Jones.
Byron Rose
Rose & Jones
