February 28, 2023

Maroochydore Market Wrap


Real Estate in Maroochydore has had a solid start to the year despite a softening of prices, so for those thinking of buying or selling, there is no time like the present.

There is no doubt that buyer confidence in the Maroochydore market remains robust, evidenced by high numbers of people visiting the area and surrounds over the new year and holiday period, and subsequently attending open homes and auctions.

We have also achieved some excellent results to kick-start the year, highlighted by some record sales in Maroochydore, Alexandra Headland and Mooloolaba.

If you are thinking of selling, I would love the opportunity to guide you through the process and invite you to contact me at any time. I look forward to another prosperous year!

Current data reveals that it remains a positive time to sell for homeowners who bought before the boom. Those who purchased property before the pandemic would still make a very healthy return on investment if they were to sell today.

Data shows that while home prices nationally have fallen 4.51% from their peak in March 2022, prices remain 28.5% higher than pre-pandemic levels.

At a time when bigger issues are dominating the housing discussion, auctions are proving an effective means of cutting through the noise to achieve a clean transaction. Hype surrounding interest rate rises are a distracting sideshow for those attempting to put an accurate price on property, to buy or to sell.

From a seller's perspective, an auction avoids both over-pricing and underselling your property, and the direct market feedback provided during an auction campaign adds valuable education to your decision making.