Varsha
๐ค SpeakerAppearances Over Time
Podcast Appearances
If it's a first home buy, they are nervous and excited and also they are thinking of how would they pay that mortgage.
It has opened up more opportunities for them in terms of the other suburbs.
So say for example, was recently selling a property in Mango Hill.
So if Mango Hill is not affordable for you anymore because just two months ago, the similar type of properties was selling for about, say for example, $680,000 and it's a townhouse and now it's selling for $780,000.
And it's the same.
There's nothing different.
And it's just in a few months time that that has just gone up to almost about 100k.
Again, it's the same sort of suburbs that have been performing really well in Brisbane, which is Camp Hill, New Farm, We Will Hide.
But I am seeing amazing growth in Mango Hill and the next door suburbs are also sort of coming into place as well.
People who can't afford to buy now in Mango Hill can buy in other areas in the next door suburbs as well.
So that's, again, opening up those opportunities for them.
When it comes to Gold Coast, it's Burley Head, Southport and Mermaid Beach that those suburbs have been performing really, really well.
And also when it comes to Sunny Coast, it's Bly Bly and Maroochydore.
Bly Bly is very attractive for people who are wanting a bit of more space.
So especially with interstate, it has been very popular suburb.
So people moving from Sydney are looking in Bly Bly.
And Maroochydore is very popular for people in their 20s and 30s because for them, it's not the space.
It's about the convenience.
So they can just walk to the beach.
They can go to the cafes.