News

Real estate is again on the move in Tweed

Tony Parsons (Professionals director). House sales.
Tony Parsons (Professionals director). House sales. John Gass

AFTER a 12 month standstill real estate is again selling in the Tweed.

According to LJ Hooker property and sales consultancy manager Gary Whyfon, there had been a lot of movement in the property market throughout the southern Gold Coast and Tweed district this year, more so than last year.

"In the last 12 months the industry has almost been at a complete standstill, but that's changing," he said.

"Buyers are no longer sitting on the fence-they're making a move.

"I think people are just sick of waiting and they know they won't find a better price than what's currently available.

"The recent fall in interest rates is also a major selling point for buyers."

Mr Whyfon said he urged people to jump at the opportunity to buy now, prior to the Federal election.

"There's always an increase in sales post election because there is a boom in consumer confidence," he said.

"And once everyone starts buying, it's too late-you've missed your chance."

Tweed Heads Professionals director Tony Parsons said his office alone had seen 30 properties sold in the last 60 days.

"It's a chain affect, when prices are cheaper we sell more."

Mr Parsons said he had seen a large influx of people moving up from the Northern River areas including Lismore, Grafton and Ballina.

"A lot of our properties are sold to people moving closer to the Gold Coast for work," he said.

Mr Parsons said sales were not limited to one suburb but Tweed Heads proved to be very popular being slightly less expensive than Coolangatta, Kirra and Tugun.

Topics:  real estate



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