PROPERTY MARKET UPDATE 18 SEPTEMBER 2020

COVID-19 has reshaped everyone’s thinking and now the Gold Coast is not just seen as Australia’s preferred holiday destination but as Australia’s preferred permanent residential location.

Interstate buyers cannot physically inspect the properties for sale, but buyer activity is enormous despite the pandemic. We’ve never before seen so much interstate migration from the southern states.

People living in the southern states are now re-evaluating their lives and want to buy here on the Gold Coast because of our lifestyle, warmer climate and our relative affordability and they know as a result of this time they can still work remotely if they want to.

We expect the demand from Southern buyers to go through the roof when the borders open, as we have spoken to a lot of people that will be jumping on a plane and have the intention to buy as soon as they can get up here.

Potential sellers, wanting to upsize or upgrade, should list and sell now and then buy before our market becomes even more in demand.

If you wish to discuss timing of selling your property, or if you have any questions in regards to the current market, please do not hesitate to contact me.