Real estate expo pulls big crowd
GYMPIE real estate agent John Cochrane is upbeat about the state of Gympie's real estate market after holding a Real Estate and Lifestyle Expo on Saturday.
The event, held in the carpark of his business Gympie Regional Realty, was an overwhelming success with more than 500 people attending the event in miserable weather.
Mr Cochrane said the idea behind the expo was to bring buyers, sellers and real estate service providers together under the one roof to make contact.
"It was for anyone interested in real estate to get together and bounce ideas off each other," he said.
Businesses BofQ, Law Essentials, Gold City Solar, BDL Home Accessories, Choice Home improvements, Ken Mackay, Cooloola Plantscapes, Poolwerx Tewantin, Eastside Estate, Stirling Homes, Gympie Poolworld, Hotondo Homes, Cooloola Tiles, Oakvale Homes, PJ Burns and Westpac joined together to give great advice on real estate.
Mr Cochrane said the expo led to a lot of inquiries about Gympie real estate.
He said the industry in Gympie was subdued at the moment but property was still moving.
"Prices aren't increasing but property is selling," Mr Cochrane said. "Inquiry is definitely picking up.
"We have had a few properties on the market for just weeks and they have sold.
"It's all about presentation and they don't have to be given away."
He said a third of buyers were coming from south of Gympie where properties were more expensive.
"Some people are buying here and putting some money in the back pocket or paying down debt," Mr Cochrane said. "It's not about driving the price down, it's about the value of the property today."
Mr Cochrane said houses priced below $330,000 were selling well in today's market.
"Now is the time to buy when the market is slow," he said. "Confidence is growing and there are people with money."