Friday 3 April 2015

Hop into your new home this Easter. Cairns Real Estate Market Update.

Chris Eustace - First National Cairns Central Real Estate

Facebook
Twitter
Website
YouTube

In this issue:

My amazing team

Sales Consultant
Sales Coordinator / Marketing
Investment Manager

Testimonials


"Chris demonstrated nothing but utmost integrity when we purchased our property through him. He was available at all times and worked diligently to ensure the process from start to finish was clear and smooth. Great job all round."
Justine


"Chris is an honest, very dedicated and hard-working person - the best contact I have ever had in my years of purchasing and selling properties in Australia and overseas."
Elizabeth


"Chris made the process of buying our first home a simple and rewarding experience. He was readily contactable and followed up any requests in an expeditious manner. Most importantly, we never felt as though we were being pressured in any way. We would be happy to recommend Chris! "
Jonathan


"Did a great job on selling my property, excellent communication every step of the way."
Ben

"I found Chris to be extremely personable, always ready to assist throughout the purchase of my first apartment. He was able to answer any questions I had and made the whole process of buying my first property enjoyable. I would definitely recommend his services to any of my friends or co-workers!"
Nadine

"Having moved our listing from another Agent, we were pleasantly surprised at the difference in approach to the whole sale process- the efficient, calm and down-to-earth manner, the prompt return of our calls and quick responses to all our queries is quite simply what we all vendors expect of our Agents. This agent delivered all these in spades. This agent did an excellent job for us and we look forward to working with him again in the future."
Frank

"Thank you Chris Eustace for selling my home. Your enthusiasm and professionalism was so refreshing. You got my price without any "to and fro's". Such a smooth, no fuss sale...and it took just 8 days! Both myself and my buyer are over the moon!"
Karen

Take advantage of the 2.5% cash rate now!

Our local representative at Australian Finance Group (AFG), Nick Barr, will negotiate with banks, credit unions and other credit providers on your behalf to arrange loans or refinancing. I highly recommend Nick so let me know if you would like me to put you in contact with him.

Hop into your new home!

Well we have survived another busy month but it's not slowing down as April is always busy with April Fool's Day, school holidays, Easter and ANZAC day with the 100th Anniversary of the Landing at Gallipoli (see details below). I'm also looking forward to a night of live music when Donavon Frankenreiter comes to the Tanks Arts Centre.

100th Anniversary of the Landing at Gallipoli

Starts: 25 Apr 2015 03:50 am
Ends: 25 Apr 2015 10:15 am
Location: Cairns
3:50am Dawn parade (assemble at Martyn St Cemetery gates at the Anderson St entrance)

5:30am The Centenary of ANZAC Dawn Service will commence at the Cenotaph on the Esplanade
5.30 am.  Ex-service and serving personnel and spectators are requested to be at the Cenotaph by
5:00 am.  The Dawn Service will include the mounting of the Catafalque Party, an ANZAC prayer; official wreath laying; Ataturk's letter to Australian Mothers; the playing of the Last Post; the Ode to the Fallen; a Minutes Silence; the playing of the Rouse; the hymn The Recessional; an address by Lieutenant Colonel Ben Toyne, Commanding Officer, 51st Battalion, the Far North Queensland Regiment; handing over of the Torch; the Benediction; singing of the Australian and New Zealand National Anthems by the combined Choirs of St Monica's & St Augustine's colleges; and, the dismounting of the Catafalque Party.

 7:30am ANZAC breakfast and performance of The Soldiers Wife
Ecumenical Church Service
The Centenary of ANZAC Cairns Ecumenical Service will be held in St Monica's Cathedral commencing at 8.15am.  The service will include a choir and ensemble of students from Freshwater Christian college and Trinity Anglican School; a recital of the poem ANZAC Day and the Ode to the Fallen by two Cairns High School students and a solo piece (Abide With Me) by Patrice Hogan accompanied on the Cathedral organ by Toni Dunstan.  Members of the Australian Cadet Corps will mount a Catafalque Party prior to the playing of the Last Post by Rachael Evans.  Bob Manning, the Mayor of Cairns will provide the Closing Remarks.
Commemoration Parade
The Centenary of ANZAC March will assemble at Munroe Martin Park at 9.30 am and step off at
10.00 am.  The March route will be along the Esplanade arriving at Fogarty Park for a community service concluding about 11.00 am.
Book a property appraisal

Cairns local news


The Cairns housing market is still slowly rising with the median house price in Cairns now sitting at $402,400 in January 2015. The open homes are attracting more buyers and we are seeing sale prices driven up by multiple offers on the well-priced and presented properties.

With unemployment rate down, airport passenger numbers up and building approvals also up, this is all good news for the Cairns economy, let’s just hope it can be continued throughout the year.
Free property appraisal

Recently listed

Click here to see all my properties for sale.
14 Wiseman Road, Edmonton
HOUSE: 3 Bed 2 Bath
Offers over $345,000

Read more...
23 Kendall Street,
Mount Sheridan
HOUSE: 3 Bed 2 Bath
Offers over $365,000
Read more...
10 Amadio Close, Gordonvale
HOUSE: 3 Bed 2 Bath
REDUCED $342,000
Read more...

The SOLD list !!

Bentley Park
131 Timberlea Drive
House
Brinsmead
18 Adam Drive
House
Edmonton
14 Peate Close
House
Earlville
2/33 Balaclava Road
Unit
Edmonton
22 Lennox St
House
Redlynch
17/58-70 Intake Road
Unit
Mount Sheridan
Mt Isley Estate
Land
Manoora
301/29 Springfield Crescent
Unit
Contact me today!

Cairns market report*


Property prices

Median property prices for houses and land in Cairns have escalated over the last three years, with the median house price trend cracking the $400,000 mark, reaching $402,400 in January 2015. This represents a trend rise of 6.5% over the latest 12 months. The median land price has increased by an even higher 18.4% over the same period as a result of land price escalation particularly on the Northern Beaches, to reach a tentative $216,200 in January 2015. However median unit prices continue to show a downward trend.

Property Sale Volumes

Property sale volumes have been steadily increasing over the last three years, with the December quarter 2014 sale volumes 48% higher than they were in the December quarter of 2011. However growth in property sale volumes is starting to taper as the amount of property for sale itself tapers.

The slowdown in growth is especially noticeable for houses, where potential vendors are hanging off in the expectation of higher prices, and for land where demand in parts of Cairns is outstripping production.
 

Rental Vacancies

Rental vacancy rates remain at levels indicative of a tight rental supply. Current rental vacancies appear to be rising mildly in trend terms for houses, but are lowering for units and the market in general. The trend vacancy rates for February 2015 stood at 2.4% for houses and 2.3% for units. The market vacancy trend overall stood at 2.3%.
 
*Source: Herron Todd White March 2015
Copyright © 2015 First National Cairns Central, All rights reserved.