September 2020... Updates from Fraser Coast

Real Estate… 

Hervey Bay hasn’t had a lot of growth (like the Sunny Coast) over the last few years, but it sure feels like we’re growing now!! I’ve been speaking with some RE Agents and Mortgage Brokers recently and they report a surge in sales, there is very limited stock available in the under $400,000 range and a lot of buyers floating around.

One agent reported selling 11 blocks of land in 9 days!!

Others tell me that many properties are now selling sight unseen to interstate buyers – this is the new norm! The region has always been a Retirees paradise. With property prices being very reasonable for a coastal area we are experiencing a surge in first home owners and families all wanting to escape to the relaxed beach side vibe of Hervey Bay.