Welcome to the June 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.
Burleigh Heads QLD 4220
- New Sale Listings: 110
- Average Days on Market: 53.52
- Average Vendor Discount: -0.90%
- Recently Advised Sales: 63
- Total Rental Listings: 192
Key Insights:
Burleigh Heads continues to be a standout performer, registering 110 new sale listings—by far the highest in the group. The suburb also recorded 63 recently advised sales, illustrating strong turnover. Despite a relatively long average of 53.52 days on market, the vendor discount sits at only -0.90%, suggesting that vendors are holding firm on pricing, and buyers are meeting the market. The 192 total rental listings point to ongoing investor confidence and rental demand in the area.
Palm Beach QLD 4221
- New Sale Listings: 21
- Average Days on Market: 47.97
- Average Vendor Discount: -1.10%
- Recently Advised Sales: 6
- Total Rental Listings: 108
Key Insights:
Palm Beach, by contrast, saw only 21 new listings, though it still managed 6 recently advised sales. With an average of 47.97 days on market and a modest vendor discount of -1.10%, this suburb reflects more measured buyer activity. The 108 rental listings highlight continued interest from both renters and investors.
Elanora QLD 4221
- New Sale Listings: 52
- Average Days on Market: 28.49
- Average Vendor Discount: 2.91%
- Recently Advised Sales: 31
Key Insights:
Elanora has emerged with renewed buyer interest, clocking 52 new listings and 31 recently advised sales. With the lowest average days on market in this report (28.49), Elanora properties are moving quickly. The positive vendor discount of 2.91% could reflect some above-asking sale prices or unique property competition.
Kingscliff NSW 2487
- New Sale Listings: 99
- Average Days on Market: 63.79
- Average Vendor Discount: -3.07%
- Recently Advised Sales: 22
Key Insights:
Kingscliff posted a massive 99 new listings and 22 sales, coupled with an average of 63.79 days on market and a discount of -3.07%. This data points to buyer hesitancy and longer negotiation periods. However, the level of listings shows sellers are still active.
Casuarina NSW 2487
- New Sale Listings: 43
- Average Days on Market: 54.44
- Average Vendor Discount: -1.87%
- Recently Advised Sales: 10
- Total Rental Listings: 35
Key Insights:
Casuarina saw 43 new listings and 10 sales, with properties staying on market for an average of 54.44 days. A vendor discount of -1.87% and just 35 rental listings suggest a slightly softer market, though opportunities still exist for discerning buyers.
Cabarita Beach NSW 2137
- New Sale Listings: 13
- Average Days on Market: 33.08
- Average Vendor Discount: 0.71%
- Recently Advised Sales: 5
- Total Rental Listings: 7
Key Insights:
Cabarita Beach recorded 13 new listings and 5 sales, with an average of 33.08 days on market and a vendor discount of 0.71%. With only 7 rental listings, rental stock is limited, making it an attractive prospect for investors aiming to capitalise on high rental demand.
Summary of June Insights
The coastal property market across Northern NSW and Southeast Queensland remains diverse, with each suburb presenting unique opportunities and demand profiles. As buyers re-engage post-financial year and take advantage of cooling inflation and steady interest rates, activity levels have remained solid.
Statistical Highlights:
- Across the 6 suburbs, the total number of new listings is 338.
- The average days on market across the board is 46.05.
- Vendor discounts range from +2.91% in Elanora to -3.07% in Kingscliff, showing varied market competitiveness.
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 Oliver Dunstan at Rose & Jones.
Oliver Dunstan
Rose & Jones
