Local market is attractive
WITH interest rates on the rise and a lull in the market, it seems Warwick may have an advantage over the big smoke as more tree changers check out housing in our neck of the woods.
It would seem to be a scary time to buy a house, but real estate bargains here are attracting city dwellers.
McCahon and Co sales consultant Jenny Thrift has shown a few through what we have to offer.
“We had couples from Brisbane and the Gold Coast inspect two of our homes last week,” Mrs Thrift said.
“One of the couples was heading to Stanthorpe and then saw our signs, came to have a look, then loved the houses, the prices and Warwick.”
The spacious backyards, decent-sized houses and even the Hills hoist clotheslines were attractive features and sights they hadn’t seen for years in the larger cities.
She said for one of the couples the prospect of ever buying a home (where they are living) was a dream they will never fulfil, but here in Warwick it’s something they could do in the near future.
Mrs Thrift said in the past few weeks since interest rates started increasing, she hadn’t seen as many first home buyers looking at what was available.
“We have had a lot of people looking to change by moving to the area, or others just looking for different place in the region. Then there are investors still looking,” she said.
“It is still a buyer’s market at this stage.”
Mrs Thrift said now was the busiest time of year in real estate with people moving and tree changers coming to town.
“It has always been the busiest period. We are just hoping this year follows the normal real estate trend of previous years,” she said.
On Saturday morning another prospective tree changer from the Sunshine Coast inspected what was on offer in the window and couldn’t get over how cheap and how great the places available were.
“He really wants to move here after seeing Warwick.
“He was very impressed with what the town had to offer and by how much more he could get for his money,” Mrs Thrift said.