Is winter the best season to list on the Gold Coast this year?

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:31Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:31 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenIs it a good time to list?02:31Winter could well be the new spring on the Gold Coast as a buzz of buyer activity and a surge in new listings suggest the pandemic has thrown the traditional property seasons out of whack. A report by CoreLogic shows the number of newly advertised properties for sale across the Gold Coast region increased by 6.4 per cent over the month of June, up 34 per cent from an April low.“The rise in new listing numbers is an indication that homeowner confidence has improved enough that more vendors are willing to test the market,” the report states. 108 Cabana Boulevard, Benowa Waters has been with the Hahn family for 18 years.Harcourts Coastal director Dane Atherton said the high level of buyer activity made winter an even better time to sell this year. “The pandemic has certainly thrown the traditional seasonal periods out of whack,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“Winter on the Gold Coast is always the best time to sell because the contrast in weather is the greatest for our southern buyers which makes it even more attractive. “Our sales volumes in April, May and June have been at spring levels — we finished $30 million up in June on written business.”While new listing numbers have surged, total listings have held reasonably firm, implying a strong rate of absorption as buyer demand picks up more quickly than fresh stock being added to the market.The strong rate of absorption is likely one of the factors supporting housing values across the Gold Coast. According to the CoreLogic home value index, Gold Coast dwelling values were steady in June and rose by 0.7 per cent over the quarter.With the border now open to NSW buyers and locked down Victorians make plans to relocate, sellers are in a good position, added Mr Atherton. “What’s happening in Victoria has further fuelled inquiry in our market as people have had enough and just want to get out there,” he said. Sydney resident Gary Hahn is selling his Benowa Waters holiday home. Picture: Glenn HampsonSydney resients Gary and Julie Hahn, who are preparing to put their beloved Benowa Waters holiday home to auction next month after 18 years, felt confident going to market.“I’ve bought a few properties over the years and I don’t think there’s a good or bad time to sell,” Mr Hahn said. “If you’ve got something presentable and somebody wants it, it doesn’t matter when you’re selling.” last_img

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