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Property Buyers return after election result.

Ann Lindner - Tuesday, July 09, 2019
What a difference an election result makes.
Back in May agents, including ourselves, where lamenting how the Buyer inquiry had stopped as soon as the election was called, and this was after the marked slow down from the Banking Inquiry.
Now at June 30 they are talking a record month of sales!
In our experience it was like someone turned the tap of Buyers back on.  The Monday after the election the phones started ringing and the inquiries came on the website.
A quick scan of the profiles our our latest clients cover everything - investors, relocating families, retirees and developers.
What we have seen with sales is that it now takes 4-5 weeks to sell a property.  There are still contracts falling over within the finance clause.  Buyers are still predominantly coming from Melbourne, Sydney and Tasmania for the Sunshine Coast lifestyle.
The latest REIQ Queensland Market Monitor to March 2019 shows the median house price in the Sunshine Coast LGA was flat at $585,000 over the quarter but posted growth of 3.5% over the year ending March.