Buy­ers are su­per fast at Freshie

The Weekend Post - Real Estate - - Front Page -

IF YOU are sell­ing a home in Fresh­wa­ter, Strat­ford or Caravonica, chances are it will sell quicker than houses listed in leafy Gor­don­vale or pricey Palm Cove.

Ac­cord­ing to the lat­est RP Data Mar­ket Trends re­port, the av­er­age time on the mar­ket for a house in Fresh­wa­ter is just 39 days.

Strat­ford and Caravonica – also near the Cairns CBD – fol­low closely at 43 days.

For those hop­ing to sell their abode in the south­ern sub­urb of Gor­don­vale, you may be wait­ing a lit­tle longer to nab a buyer.

The sell­ing time in the sub­urb sits at 96 days.

While Palm Cove has be­come the most ex­pen­sive sub­urb to buy in the Cairns Fresh­wa­ter: 39 days Strat­ford: 43 days Caravonica: 43 days Brins­mead: 45 days Manoora: 48 days Edge Hill: 52 days Woree: 52 days Mt Sheri­dan: 54 days West­court: 59 days Mooroo­bool: 60 days Kan­im­bla: 60 days re­gion (the cur­rent me­dian house price is an im­pres­sive $700,500), those with the funds are tak­ing an av­er­age of 91 days to sign a con­tract.

Palm Cove also hap­pens to be one of the more tran­sient sub­urbs with home­own­ers only hold­ing onto their prop­erty in the beach­side sub­urb for an av­er­age of seven years be­fore it time to ham­mer in the “for sale” sign.

The good news is, no mat­ter which sub­urb you live, prop­erty in the Far North is sell­ing quicker than most other re­gional cen­tres.

Houses in the balmy Far North have the sec­ond quick­est sell­ing time, af­ter the glit­ter­ing Gold Coast.

FAST MOVER: This home in Fresh­wa­ter sold for $660,000.

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