Real Estate Market Update – Robina, Gold Coast QLD – August 2021
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Supply – Demand

Supply on the Gold Coast and in Robina has been extremely low in preceding months and has continued to fall in the last couple of months which continues to put an upward pressure on prices.

Demand remains strong, with very large numbers of enquiries for most properties brought to market and ever increasing numbers through our open homes.

Below are the stock level graphs for houses and units in Robina and the Gold Coast.

Stock levels for houses and apartments in Robina, Gold Coast in Queensland

Property stock levels for houses and apartments in the Gold Coast, Queensland

Houses – Robina

The stock levels of houses continue to drop in the suburb and high sale prices continue to be achieved. The growing number of buyers compete for the decreasing number of homes on the market.

Summary

The Robina and Gold Coast property market has been performing exceptionally well and all the fundamentals driving this growth have strengthened even further over the past 2 months since my last market review.

Demand has increased in June and July with the average number of people through each of the open homes held by our office going up from 9 to above 12. This will certainly be putting an upwards pressure on price.

Below is a graph showing the average number of inspections per open home per month since July 2019. This graph represents the “demand” within the market, which at the moment seems to be on an upwards trend.

Average inspections per open home within Ray White Robina office till beginning August 2021

 

Reference: www.orrentopolansky.com.au

 

For any real estate need either Buying or Selling or Investing , contact me either via email or phone given below.

 

0416 737 593

 

sanjay@propertyhubgc.com.au

 

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