![Craig Douglas Gold Coast Real Estate Agent 0418 189 963](https://www.craigdouglas.com.au/wp-content/uploads/2020/02/craig-photo.png)
![Looking for Real Estate Agents to sell your home?](https://www.craigdouglas.com.au/wp-content/uploads/2023/09/Craig-Douglas-Your-Local-Gold-Coast-Real-Estate-Agent-0418-189-963-v2-1024x682.png)
Looking for Real Estate Agents to sell your home?
Looking for Real Estate Agents to sell your home, so let’s meet over coffee to discuss your property’s selling potential, then get you started, from thinking about, to selling to SOLD.
Together we can get your property SOLD for the Best possible Price.
Let’s get you started on your selling journey… Are you ready for a chat over a coffee? 0418 189 963
You can find me at a Boutique Real Estate Agency on Chevron Island
PASSIONATE ABOUT SELLING, DEDICATED TO YOUR SUCCESS
![Magnifying-Glass](https://www.craigdouglas.com.au/wp-content/uploads/2023/12/Magnifying-Glass.png)
Hidden Gem No.35
Selling Your Home: Solo Mission or Guided Journey? Navigating the For Sale by Owner vs. Real Estate Agent Maze.
Gold Coast Real Estate News & Articles
![Looking for Real Estate Agents to sell your home?](https://www.craigdouglas.com.au/wp-content/uploads/2023/08/Gold-Coast-Real-Estate-News-Articles-Craig-Douglas-Gold-Coast-Real-Estate-Agent-09-1024x683.png)
Regional Markets Continue to Suffer from Rising Interest Rates
28 August 2023, Gold Coast Real Estate News & Articles – Craig Douglas, Gold Coast Independent Real Estate Agent 0418 189 963
Despite regional house value growth over the past five months, new analysis shows that many markets are still suffering from high interest rates. CoreLogic’s quarterly Regional Market Update shows that 18 of the 25 largest areas recorded an annual decline in house values over the year to July 2023.
Queensland was a big winner when it came to regional market capital growth, including Central Queensland (2.7%), neighbouring Mackay-Isaac-Whitsunday (1.2%), Toowoomba (0.7%) and Cairns (0.5%). CoreLogic Australia Head of Research, Eliza Owen indicated that despite regional Australian home values rising for the past five months, they remain -5.6% below this time last year and sales volumes are down -21.3%.
While the market is beginning to recover, value growth is largely being led by capital city markets, reflecting weaker housing demand across regional Australia, as demographic patterns normalise. Year-on-year growth has been hard to find across regional Australia over the past 12 months. The markets that have grown have largely been more affordable and more rural. Presumably, lower-value assets have been more resilient to increases in interest costs because they require less debt.
Every region recorded a decline in the volume of house sales in the 12 months to May. The Southern Highlands and Shoalhaven region recorded the largest fall in sales (-33.6 per cent), the largest vendor discount (-6.7 per cent) and the longest time on the market (79 days). The easiest way to characterise the markets most affected by interest rate rises was undoubtedly by price point.
The higher the value of the market, the more likely it is that it’s underperformed over the past year. But the good news for sellers is that these markets appear to have passed the bottom of the downturn. While there are still some headwinds on the horizon for the performance of the housing market in general, popular high-end markets may start to stabilise as mortgage rates move closer to a peak and capital city markets become more expensive.
This is a summary of the original article, which is located here.
I know that selling your property can be a daunting task, but I’m here to make it as easy as possible for you. You are looking for Real Estate Agents to sell your home, let’s chat over a coffee; I can walk you through the process step-by-step.
Together we can get your property SOLD for the Best possible Price.
![Looking for Real Estate Agents to sell your home?](https://www.craigdouglas.com.au/wp-content/uploads/2023/09/Craig-Douglas-Your-Local-Gold-Coast-Real-Estate-Agent-0418-189-963-v2-1024x682.png)
![Magnifying-Glass](https://www.craigdouglas.com.au/wp-content/uploads/2023/12/Magnifying-Glass.png)
Hidden Gem No.57
How can I make my property more attractive to buyers?
![Craig Douglas Gold Coast Real Estate Agent 0418 189 963](https://www.craigdouglas.com.au/wp-content/uploads/2020/02/craig-photo.png)
I’m a real estate agent who’s passionate about helping people achieve their dreams. So you are looking for Real Estate Agents to sell your home, I’d love to grab a coffee with you, learn more about your property; discuss how we can achieve the best possible price for you to get you started.
Together we can get your property SOLD for the Best possible Price.
Craig Douglas 0418 189 963
Marketing, Negotiating, Selling Gold Coast Homes
No Harassing Phone Calls
No Obligation, No Pressure, Simply Client-Focused Selling
Not your usual Agent
Fiercely Independent, Proudly Your Local Gold Coast Real Estate Agent
You can find me at a Boutique Real Estate Agency on Chevron Island
![Magnifying-Glass](https://www.craigdouglas.com.au/wp-content/uploads/2023/12/Magnifying-Glass.png)
Hidden Gem No.38
How do I ensure the title to my property is clear and unencumbered before I list it for sale?
This page was proudly created by Craig Douglas, your local independent Gold Coast real estate agent, working for a Boutique Real Estate Agency on Chevron Island. Selling residential and commercial properties, from those that are awe-inspiring, through to a diamond-in-the-rough, otherwise known as a “renovator’s delight”.
I negotiate and sell on behalf of property owners who want to get the best possible price, with the least amount of hassle. Let’s talk about the process of selling your property over a coffee to get you started – 0418 189 963