We’re pleased to share the latest property market insights for key suburbs in Queensland and New South Wales, based on data from the past 60 days. This report aims to provide valuable insights to assist you in making informed decisions in the current market environment. Below, we examine new sale listings, vendor discount trends, market activity, and rental opportunities.
Southport QLD 4215
- New Sale Listings: 319
- Average Days on Market: 44.32
- Average Vendor Discount: -1.59%
- Recently Advised Sales: 155
- Recently Withdrawn Listings: 357
- Total Rental Listings: 499
Key Insights:
Southport has been one of the most active markets, with 319 new sale listings and 155 recent sales. The average days on market are just over 44, and vendors are offering modest discounts at -1.59%. The high number of rental listings (499) signals plenty of opportunities for investors or clients seeking rental properties. Overall, this suburb demonstrates a dynamic and competitive market with solid buyer and tenant demand.
Main Beach QLD 4217
- New Sale Listings: 58
- Average Days on Market: 68.83
- Average Vendor Discount: -1.73%
- Recently Advised Sales: 27
- Recently Withdrawn Listings: 56
- Total Rental Listings: 57
Key Insights:
Main Beach continues to see a longer-than-average time on market, with properties taking nearly 69 days to sell. This extended timeframe, combined with a vendor discount of -1.73%, suggests a more negotiable environment for buyers. The sales volume remains moderate, with 27 recently advised sales, and a total of 57 rental listings provide some rental potential for investors.
Broadbeach Waters QLD 4218
- New Sale Listings: 46
- Average Days on Market: 51.08
- Average Vendor Discount: -0.93%
- Recently Advised Sales: 31
- Recently Withdrawn Listings: 66
- Total Rental Listings: 75
Key Insights:
Broadbeach Waters is showing steady market activity, with 46 new sale listings and 31 recent sales. The vendor discount is relatively low at -0.93%, indicating that sellers are holding their ground on pricing. Buyers can expect properties to remain on the market for around 51 days. The rental market also offers opportunities with 75 available listings.
Tyagarah NSW 2481
- New Sale Listings: 0
- Average Days on Market: 0
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 0
- Recently Withdrawn Listings: 0
- Total Rental Listings: 1
Key Insights:
The Tyagarah market has remained inactive over the last 60 days, with no new sale listings or advised sales. However, one rental property is currently listed, indicating minimal movement in both the sales and rental markets for this region.
Bangalow NSW 2479
- New Sale Listings: 22
- Average Days on Market: 50.31
- Average Vendor Discount: 0.13%
- Recently Advised Sales: 5
- Recently Withdrawn Listings: 15
- Total Rental Listings: 18
Key Insights:
Bangalow offers a stable market with 22 new sale listings and an average market duration of 50 days. With minimal vendor discounts (0.13%), sellers are maintaining their asking prices. While there were only 5 recently advised sales, there’s potential for buyers looking for rental opportunities with 18 available rental listings. The moderate market activity suggests consistent interest without aggressive price adjustments.
Pottsville NSW 2489
- New Sale Listings: 29
- Average Days on Market: 24.95
- Average Vendor Discount: -2.04%
- Recently Advised Sales: 19
- Recently Withdrawn Listings: 37
- Total Rental Listings: 46
Key Insights:
Pottsville’s property market moves relatively quickly, with an average time on market of just under 25 days. The vendor discount of -2.04% reflects increased flexibility from sellers, which could be favorable for buyers looking to negotiate. With 46 rental listings, this market is also attractive for potential investors or clients seeking rental opportunities.
To summarise
The Queensland and New South Wales property markets continue to offer diverse opportunities for buyers, particularly in Southport, Broadbeach Waters, and Pottsville, which exhibit strong activity and moderate vendor discounts. For buyers seeking a more negotiable market, Main Beach, and Pottsville present opportunities to engage with sellers more flexibly. Investors should note the abundance of rental listings in Southport and Broadbeach Waters.
For more detailed analysis or advice tailored to your specific needs, please don’t hesitate to reach out to anyone here at Rose & Jones.
