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National July 2017 Corelogic RP Data market update brought to you by First National

National July 2017 Corelogic RP Data market update brought to you by First National         
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RBA makes cash rate decision

The Reserve Bank of Australia has announced its official cash rate for October following its monthly board meeting.  Consistent with current industry predictions, the RBA has decided to keep the official cash rate at the record low of 1.50 per cent. The last time the cash rate moved was in August 2016, where it ticked down 25 basis points.Of all panellists surveyed on finder.com.au, all ...
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Sold in 11 days for $40,000 more than the list price !

The ink had barely dried on Mr and Mrs McKelvie’s contract with First National  Mooloolaba & Maroochydore when agent Georgina Griggs told them their Buderim home had been sold for $40,000 more than their asking price. The price agreement was reached with the buyer just seven days after the agency’sappointment and the home was sold in 11 days. First National Real Estate Mo...
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REIQ stands up for stability in the face of proposed negative gearing reforms

Queensland’s property industry is standing strong. We’ve shown consistent stability and growth over the past eight years, remaining a cornerstone of the Queensland economy.When proposed reforms to Capital Gains Tax and Negative Gearing threaten this stability, as the body representing real estate practitioners in Queensland, we want to make sure the impacts to ou...
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Sold in 5 days for $15,000 above list price - subject to inclusion of cat !

The sellers had barely come to terms with moving when First National Real Estate Mooloolaba & Maroochydore agent, Brian Halls informed them their home had sold for $15,000 above the asking price. All inclusive of the conditional contract that Nelson the resident cat was sold with the home! First National Real Estate Mooloolaba & Maroochydore are still rejoicing the successful sale of 1...
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Sunshine Coast outperforms the Gold Coast

CoreLogic Australia has reported the Sunshine Coast as the top Queensland Regional performer for October 2017.Watch the full report.
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Mapping Tools Available for Public Reference

Have you ever wanted to know what residential zone a particular property falls under? Or whether a property might be subject to Flood, Bushfire or Landslide Hazards?Or what height buildings and structures are able to be built to?The Sunshine Coast Planning Scheme 2014 contains maps that are specific to a local area and maps at a Sunshine Coast wide scale.  
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Strong demand for Sunshine Coast office space

The Sunshine Coast has recorded a significant drop in office market vacancy in what has been labelled a positive sign for the region’s economy. The latest Property Council of Australia Office Market Report, released today, has found that vacancy rates on the Sunshine Coast fell from 21.9 percent in January 2019 to 16.7 percent in January 2020. Healthy demand for local office space has d...
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No National Property Slump

Source: First National Real EstateAccording to the head of Australia’s largest independent real estate network, there is no national property slump and Australians should be more optimistic about our economic and property market outlook. First National Real Estate chief executive, Ray Ellis says there is much to be optimistic about nationwide and that declines in sections of bot...
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REIQ's Queensland Market Monitor Released

​Signs of life on the horizon for Queensland’s property marketEditor Nicole Madigan Data: Taun Vos Analysis: Nicola McDougall and Kieran ClairRecord low interest rates for the majority of the June quarter, followed by two subsequent cuts to the cash rate of 25 basis points each, have done little to boost the Queensland property market, though signs of an impending upward turn are evident....

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