November 30, 2010

Good News for Gympie Real Estate Market Starting to Move

Filed under: General News — admin @ 5:27 am

There are good signs that the Gympie Real Estate market is starting to move with Bambling Rural reporting an increase in sales at the top and bottom end of the market in recent months, with properties priced from around $350,000 to $900,000 remaining steady.  The good news is there are definitely signs of a brighter outlook for the new year.  

Since starting business in April 2010 Bambling Rural has sold $18.1 million of properties in the Gympie region.  These properties have mostly been small vacant acreage blocks up to $265,000 and large rural farms and properties over $900,000.  

John Bambling said “The types of properties that buyers are looking at are the cheaper priced lifestyle blocks to build their own home, or long term investment opportunities in the larger rural properties with the major attraction being so close to the coast and to Brisbane.”  

When asked about the long term outlook of the Gympie Real Estate market, John went on to say “Real Estate in the Gympie Region will always be an attractive investment being so relatively cheap when compared with other regions nearby such as Cooroy, Maleny and Buderim.  These towns are really so close to Gympie, yet Gympie still is the best value and best kept secret of the southeast.”  

John said “The market has certainly slowed in recent times, however, once all of the bad news is out the way, I am confident things will start to improve.  You only have to look at the housing shortage in Qld and the number of people moving to Queensland from other states as well as Governments printing money all over the western world.” 

Mike Ostwald agreed saying ‘This must increase the value of land because you might be able to print more money but you can’t make more land. Every time governments start printing money two things go up, the price of gold and the price of land.  I would encourage buyers now is an excellent time to buy to maximise value for the dollar particularly in these uncertain times.” 

John and Mike also would like to say a big thank you and happy Christmas to all of their loyal clients – “it is because of these people that we are able to do what we do at Bambling Rural”. 

The office on the Bruce Highway will be shut from Saturday 25th December through to Tuesday 4 January 2011, however, John and Mike will be available for inspections over that period by prior appointment. Please do not hesitate to call John on 0418 715 165 or Mike on 0429 008 491 for all enquiries over the holiday period. 

Best wishes from all of us for a safe and fun festive season from John, Mike, Amanda, Melinda and Melissa.

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