Popular Caboolture pad sells in a flash

Popular Caboolture pad sells in a flash

A neat three-bedroom home has sold in Caboolture in just three days, smashing the suburb average time on market of 35 days.

The owner-occupied property at 6 Dell Court went for $314,900 during the traditionally slow holiday period.

Marketing agent Frank Pike, of Marsellos Pike Real Estate, said the key factors in the quick sale were the condition of the property and the location.

“When you advertise anything in immaculate condition with a shed in a quiet cul-de-sac, that’s gold,” he said.

Mr Pike said the property attracted plenty of inquiries but an offer was submitted within days of the home coming to market from a buyer who had previously missed out on another house in the Caboolture area.

“As soon as they saw it, they fell in love with it,” he said.

Mr Pike said the Caboolture market was performing well despite a slump in investor activity.

“From an investor point of view, we’ve seen a big drop off, which is not to be unexpected with the banking royal commission tipping lending upside down,” he said.

Mr Pike said there were less buyers in the market at the moment as a consequence but he wasn’t concerned.

“(The market) may soften a bit but that’s a good time for buyers to upgrade,” he said.

“I think 2019 might be a challenge for some people but overall Caboolture and Morayfield always fair well regardless of market conditions.”

Follow Courtney Todd on Twitter

Source link