Caloundra real estate enjoys strong first quarter

Caloundra real estate enjoys strong first quarter

Caloundra real estate enjoys strong first quarter

The first quarter of 2023 has been a highly promising one for Henzells Agency, with the southern Sunshine Coast real estate market largely defying the so-called downturn being reported across other markets.

Cashed up buyers are very active in the local marketplace, seizing the opportunity to secure relatively affordable premium coastal lifestyle property compared to what is available in Noosa and the southern states.

There was no sign of a real estate retreat in March with our multi award winning agent Iain Simms securing contracts on six properties for a total of $10.6 million, nearly all them to cash buyers.

Iain was not alone, with all agents achieving strong results for a combined $72,792,500 in residential, commercial and land sales in January, February and March.

Caloundra continues to shine as one of Australia’s favourite holiday destinations. Our Accom Caloundra holiday reservations team took nearly $1.4 million in bookings from January to March. Holiday property owners enjoyed average occupancy rates of 74.06%.

Commercial property also flourished with Henzells negotiating leases for a host of new tenants including Superior Joinery, Bright Space Therapy, Infoways IT, Precision Drilling and Salt Caves.

In a challenging rental market, we assisted numerous owners and new tenants alike, successfully leasing 130 properties for the quarter.

Our rentals team handled almost 2000 enquiries from January to March, hosted 109 inspections and processed 472 applications. Average rent for the year has been $673, with owners enjoying vacancy rates and rental arrears of almost zero.

No matter what your property needs are, if you are looking for friendly advice on planning your best way forward, we are here to help. Give us a call today on 07 5491 2000 to join our long list of satisfied clients. Our numbers speak for themselves.

Henzells Agency
Accom Caloundra
Pelcan Waters Foundation
Pelican Waters Caloundra