Cashing in on the heat: why an extended summer is great news for QLD property

No one could argue it hasn’t been a long summer. So long, in fact, we’re one month into autumn and still sweating day and night.

We’re also heading to beach to get relief, which means two things: firstly, that our swimming costumes (or togs, as they’re known locally in Queensland) are copping a beating; and secondly, that beach property is still at the forefront of our minds. 

Nic Hunter, an agent at Tom Offermann Real Estate, says the extended summer weather is keeping the Noosa property market busier than normal for this time of year.

“It’s great for the town — there’s an air of positivity around because it’s just so busy here with the hot weather,” he says.

“Every weekend it’s absolutely packed everywhere with people up from Brisbane for the weekend. We’re also getting a lot of Sydney people up during the week…they’re loving the fact it’s still so hot here, so they’re booking last minute getaways.

“And of course, they get up here, love it, want a piece of this weather and want to buy here.”

Tolemy Stevens of Harcourts Coastal says he’s had the strongest summer of property sales in his career.

“The weather has been my best friend this summer. There’s no doubt it’s played a huge part in the record-breaking quarter I’ve had,” he says.

“Not only have the days been picture postcard-perfect, they’ve also been consecutive and never-ending…the heat just keeps bringing people in droves to the Gold Coast.

“I find that when the days are perfect like they have been, when the ocean is that incredible turquoise…everyone is in a good mood, they’re relaxed and they’re ready to look at property.”

Peter King from Ray White Mooloolaba says the longer the heat sticks around, the better.

“The longer the heat stays like this, the longer our sales will keep flowing, which is great for us obviously,” he says.

“We’re just about in April and our open home numbers remain strong. The continually hot days are helping our numbers along, there’s no doubt about it. Mooloolaba is extremely busy.”

Mr King says he recently sold a holiday letting-only apartment on Mooloolaba Esplanade to a Sydney investor who snapped it up after a vacation.

“They’re notoriously hard to sell because they only let out for holidays but it was sold to a Sydney investor for $720,000: a great result,” he says.