Scenic Rim properties in high demand after COVID-19 changed the game

BUSINESS IS GOOD: Beaudesert Properties owner Maree Richardson says more people are looking for property in the country. Photo: Supplied
BUSINESS IS GOOD: Beaudesert Properties owner Maree Richardson says more people are looking for property in the country. Photo: Supplied

WHILE Covid-19 may have felt like a dark cloud, real estate agents say an increased interest in Scenic Rim properties has been a silver lining.

The Queensland Market Monitor report released in October showed the average price for a detached house in Brisbane rose 2.9 per cent to reach $700,000, which could make the Scenic Rim a better option for buyers looking to get more bang for their buck.

Beaudesert Properties principal Maree Richardson said business has been booming since COVID-19 lockdowns.

"We've had people from interstate and inner Brisbane looking at buying here," she said.

'I would say we have about 50 to 60 enquiries every week, it's unreal.

"This is a good time to sell, not that prices have increased but properties are selling for full price, no negotiation needed."

Ms Richardson said buyers have shown an interest in Scenic Rim properties including those in Beaudesert, Veresdale and Rathdowney.

BUSINESS BOOM: Platinum Edge Properties agent Mel Weir has been busy with home buyers since COVID-19 restrictions eased.

BUSINESS BOOM: Platinum Edge Properties agent Mel Weir has been busy with home buyers since COVID-19 restrictions eased.

"They're not necessarily looking for the cheaper properties either, many are looking to spend between $650,000 and $700,000," she said.

"Houses are selling sight unseen or easily at the first inspection."

Ms Richardson said that many buyers had NBN connection as a major pre-requisite, indicating that potential new Scenic Residents were wanting to work from home.

"My other thought was that during the brief lockdown, people in Brisbane found themselves stuck in a 400 square metre block or in an apartment and they just want to move to the country.

"Investors are starting to come back but most properties are selling to owner occupiers.

"Interest rates are low but they've been pretty good for the past eight years

Right Fit Properties principal Jamie Douglas said he had seen an upswing in rental applications in the two months since setting up shop the Kooralbyn.

"From a rentals aspect there has been unprecedented demand," he said.

"We are seeing the lowest vacancy rate on record with a lot of enquiries from down south and people moving here from the city.

"As for sales I think the Covid factor has people are reevaluating their lives and learning they don't need to be in the CBD to work.

"Kooralbyn has, I would say, experienced record sales and there is a shortage of quality homes available."

Jamie Douglas from Right Fit Properties.

Jamie Douglas from Right Fit Properties.

Real estate agent Mel Weir from Platinum Edge Properties at Beaudesert also said Kooralbyn was a popular option for people looking to relocate.

"Some of the sales have been to people who see the photos in the window of our Beaudesert office, people who have been to the area years ago and now they're ready to move here and others who visit Kooralbyn on a day trip and decide the stay," she said.

Ms Weir said sales had leveled out in the lead up to Christmas but the past couple of months she had heard from people from all over Australia looking to relocate to the country.

"I have a good vibe for Kooralbyn in the coming years," she said. ""We have a lot of good people moving into town."