Homes are hot property

PROPERTY in the Lockyer Valley is in such demand, it’s not even making listings, a Gatton real estate agent has said.

Emily Hallas, sales professional at All Property Real Estate, said southern buyers were buying Lockyer Valley homes sight unseen.

Other buyers were moving west from Brisbane because of its proximity and cheaper prices, she said.

“People have realised they can work from home, and they’ve realised we are cheaper out here,” Ms Hallas said.

“It’s a seller’s market at the moment, we have limited stock and high buyer inquiries.”

At present, there are 400 lots of land under assessment with the Lockyer Valley Regional Council.

Council’s Group manager for Community and Regional Prosperity Amanda Pugh said it was very difficult to buy land in the Lockyer Valley.

She said 68 private certification and LVRC certification building approvals were issued during August – up on 63 for the same time last year.

For September, 68 approvals had been issued, with 56 for September 2019.

A total of 350 form 19s – request for building information – had been submitted, significantly more than the 284 to the previous year to date.

Ms Hallas said this followed real estate trends throughout Queensland.

“People are looking for everything from small acreage to large acreage, town houses and investment properties,” she said.

“We had one vacant block this week that didn’t even hit the market – I had a buyer lined up.”

She said houses were in the same demand as vacant blocks as people wanted to move straight into a new home without building.

“It’s a seller’s market which it hasn’t been for a while,” she said.

“If people are thinking of moving or selling, get in before Christmas and get organised.”