News

Property market to pick up

PROPERTY experts have warned the window of opportunity to buy cheap real estate in south-east Queensland is going to close within the next six months.

But, before you start swiping the credit card and buying everything in and out of arm's reach, Stuart Wade of Wade Real Estate isn't convinced.

"It's still very much a buyer's market and (to say it's going to change) is like looking into a crystal ball - you just don't know," Mr Wade said.

He said he had not noticed a steep incline in the market to replicate what experts suggested, but there was a chance it could pick up.

"Here in Warwick, I haven't noticed an increase in prices, but the sales team has been pretty busy with contracts," Mr Wade said.

"I think it will stay the same for a while, for the next 12 months or so, then hopefully after that things will improve."

LJ Hooker principal Rob Finlay said he had noticed the market picking up, but that didn't mean an overall boost in the market was a sure-fire thing.

"Inquiry has definitely picked up but whether that leads to prices going up on properties, I'm not entirely confident of that," Mr Finlay said.

He said although he was not sure the buyer's market would completely flip within the next year, confidence needed to be restored in order for anything to happen.

"It's all positive but what we need to do is create confidence in the market," Mr Finlay said.

"It's been lacking that confidence and (once it's restored) it will transpire to sales."

Mr Finlay said anyone wanting to sell a home should get a proper valuation done before pasting a price on it.

Topics:  market, property, real estate




Home invasion teen attacks man in front of toddler

Brandon Clay Hill was jailed for eight months for a brazen home invasion.

Judge blasts young dad for violent attack on home occupants

Rooster sees a future for Warwick in pedal power

RIDE ON: Rooster Lucas sees a future for Warwick as a cycling hub.

Rooster Lucas is a lifelong lover of anything with two wheels

Latest deals and offers

Blac Chyna sued after car injured 2 women

Blac Chyna is being sued after her friend crashed into another car

Bachelor Richie gives bacon-loving Noni the boot

Noni Janur features on this season of The Bachelor.

TOOWOOMBA swimwear designer still single but focusing on her career.

Chris Hemsworth surprises kids at hospital as Thor

Chris Hemsworth and Tom Hiddleston surprised children at hospital

MOVIE REVIEW: War Dogs tells a fascinating true story

Miles Teller and Jonah Hill in a scene from the movie War Dogs.

DARKLY funny film examines the business side of the war on terror.

Marvel-ous: Thor actors visit sick kids at Lady Cilento

Stars of Thor: Ragnarok dropped in on patients at the hospital

Folk singer looking forward to her Gympie Muster debut

Alternative country folk singer Fanny Lumsden will perform at the Gympie Muster.

FANNY Lumsden to serenade new fans with her country hall-style show.

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Coast building approvals at seven-year high: report

The the 2015/16 Development Indicators Annual Highlights Report documents local development activity that took place during the last financial year.

New report shows increasing development on the Sunshine Coast

Top honours for Mackay and Whitsunday builders

The Kerrisdale Gardens property from Paynter Dixon Queensland which won them Project of the Year.

Mackay and Whitsunday builders awarded top honours last night.

Investors eye Gladstone's $4m island with resort approval

UP FOR SALE: Turtle Island is on the market.

CHINESE and Sydney investors flag interest in Gladstone island.