Cairns property news – January 2021

1. Here’s hoping this year will be less dramatic than 2020, the property market did surge markedly in the last quarter of the year, surely this is a good sign of things to come from now on.

2. According to CoreLogic data Australian home values finished the year 3.0% higher with regional housing values rising by 6.9%, a rate of capital gain that was more than three times higher than the combined capitals, where home values were up 2.0% over the year. The change in dwelling values for regional Qld over the last month was recorded at 1.4% increase.

3. The visionaries behind the vibrant $300 million Palms Collection masterplan show no sign of slowing down. Formerly known as Paradise Palms golf course at Kewarra Beach, the forecasts suggest it would inject an annual $34 million into the local economy, with its “magnificent” water park serving as a key tourist destination.

4. If there’s ever a good time to sell your property it is now. As there are fewer properties on the market at this time of year there are limited choices for Buyers, this means the Seller’s price can be a bit higher as there is more Buyer-demand. Looking to sell soon? call me now, I’m happy to have a chat.

Daniel Sheehan
Selling real estate properly for you
0409 265 326