Market continues to improve
WITH Christmas and the New Year now out of the way, hopes are that the property market will continue to pick up into 2014.
All the signs were there at the end of 2013 that things had started to pick up, transaction levels were higher and many suburbs attracted some growth, which shows things are starting to head in the right direction.
New listings have increased since December 30, when there were 408 newly listed properties for sale, to 480 this week.
The market does tend to slow down over December and into the first week or so of January, but within the next few weeks that figure should triple once the market returns to normal levels of activity.
Shane Lawler was keen to enter the market this year, securing a waterfront home at 14 Pamphlet Place, Pelican Waters for $1.225 million.
Marketing agent Luke Carter of Century 21 Coastal Caloundra said he had recently sold a house in the same street through auction, after which the owners of 14 Pamphlet Place contacted him to see if he thought he may be able to sell their property.
Mr Lawler had been the underbidder on the nearby home and was keen to buy in the area, so a deal was done fairly quickly with him.
The five-bedroom house has four bathrooms and a triple garage. The master suite has its own retreat or study area plus an ensuite with a spa bath.
There is a swimming pool, pontoon and outdoor entertaining area overlooking the canal.
Water views also appealed to buyers in Townsville, with Tony and Sharyn Denyer finishing the year with a home in Upper Denham St, North Ward, which they bought for $940,000.
It was previously owned by John and Paulette Rowland.
The Townsville home had two levels, three bedrooms, two bathrooms and a study and had views from Palm Island, Cleveland Bay to Cape Cleveland.
It was marketed by Janice Gallagher of Janice Gallagher Real Estate.
Properties at 14 Pamphlet Place Pelican Waters (above) and 199a Denham St, Townsville (below), sold quickly after being listed in December.