Welcome to the March 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.
Tugun QLD 4224
- New Sale Listings: 37
- Average Days on Market: 26.91
- Average Vendor Discount: -0.03%
- Recently Advised Sales: 33
- Recently Withdrawn Listings: 22
- Total Rental Listings: 48
Key Insights:
Tugun’s market remains highly active, with 37 new listings and 33 sales over the last two months. Properties are moving swiftly, spending just 27 days on the market. A minimal vendor discount of -0.03% suggests that sellers are achieving near-asking prices. With 48 rental properties available, Tugun continues to offer solid opportunities for both owner-occupiers and investors.
Currumbin QLD 4223
- New Sale Listings: 18
- Average Days on Market: 33.88
- Average Vendor Discount: -0.01%
- Recently Advised Sales: 33
- Recently Withdrawn Listings: 7
- Total Rental Listings: 31
Key Insights:
Currumbin has seen fewer new listings (18) compared to nearby suburbs, reflecting limited supply. Properties are taking an average of 34 days to sell, with a near-zero vendor discount (0.01%), highlighting a stable pricing environment. The rental market remains tight, with just 31 available listings, making it an attractive option for investors seeking strong tenant demand.
Coolangatta QLD 4225
- New Sale Listings: 49
- Average Days on Market: 51.81
- Average Vendor Discount: -4.39%
- Recently Advised Sales: 36
- Recently Withdrawn Listings: 58
- Total Rental Listing: 87
Key Insights:
Coolangatta has experienced significant activity, with 49 new listings and 36 recent sales. However, properties are taking longer to sell, averaging 52 days on the market. A vendor discount of -4.39% suggests that buyers have greater negotiation power. The suburb maintains a healthy rental supply with 87 properties, presenting opportunities for investors looking to secure tenants in a high-demand coastal area.
Tyagarah NSW 2481
- New Sale Listings: 2
- Average Days on Market: 47.5
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 0
Recently Withdrawn Listings: 1 - Total Rental Listings: 1
Key Insights:
Tyagarah remains one of the smallest and least active markets in this dataset, with just 2 new listings and no recently advised sales. Properties are spending an average of 47 days on the market, but the zero vendor discount suggests that sellers are holding firm on pricing. With only one rental listing, Tyagarah offers very limited options for investors or renters.
Bungalow QLD 4870
- New Sale Listings: 15
- Average Days on Market: 4.01
- Average Vendor Discount: 1.43%
- Recently Advised Sales: 5
- Recently Withdrawn Listings: 14
- Total Rental Listings: 32
Key Insights:
Bungalow is a standout for fast-moving sales, with properties spending an exceptionally low 4 days on the market. A vendor discount of 1.43% suggests some flexibility in negotiations, but with such rapid turnover, buyers need to act quickly. The rental market is relatively stable with 32 listings, indicating consistent tenant demand.
Pottsville NSW 2489
- New Sale Listings: 24
- Average Days on Market: 73.74
- Average Vendor Discount: -4.54%
- Recently Advised Sales: 11
- Recently Withdrawn Listings: 29
- Total Rental Listings: 39
Key Insights:
Pottsville has recorded one of the longest average selling times, with properties sitting on the market for nearly 74 days. A vendor discount of -4.54% indicates that buyers have considerable negotiating power. With only 39 rental properties available, Pottsville remains a stable but slow-moving market, presenting opportunities for buyers willing to take a longer-term investment approach.
Summary of March Insights
This analysis identifies diverse market trends across these coastal and hinterland suburbs. Tugun and Bungalow stand out for their fast-moving sales and low vendor discounts, making them highly competitive markets. Coolangatta and Pottsville present strong negotiation opportunities for buyers, with higher-than-average vendor discounts. Currumbin and Tyagarah remain stable, offering more exclusive opportunities for those looking at tightly held property markets.
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
