Mar­ket con­tin­ues to im­prove

The Courier-Mail - Property - - REALESTATE MARKET WRAP - MICHELLE HELE

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.

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