WATCH: August 26, 2022 Whitsunday Weekly E-News

Hi Annette Neil from PRD Whitsunday.

As a little bit of a change from last week where I was talking about Race Week being on, for sailing with no wind, well that has certainly changed here in the Whitsundays it is blowing a gale outside today, hence I'm indoors unfortunately.

This week I wanted to touch very briefly on something that is coming up very soon and that is our half yearly Whitsunday Marketplace Update. I thought I would bring you a couple of stats in that report, which should be out next week. We can distribute that to you in a PDF and you can download that and have a bit of a read about the market.

So median sales prices for 4802 postcode, remember that's not the entire Whitsunday Shire but the 4802 postcode, median price for houses $625,000 and for units $330,000. Median rents we finished at $600 a week for houses and $435 a week for units, now rental yields 6.1% for houses and 7.9% rental yields for units, so really healthy rental yields here in the Whitsundays. Not surprisingly we are seeing a lot of investors looking to our area to potentially purchase a property to rent out, which is good news with the rental market struggling with demand at the moment.

So all those stats, if you are in to them; you should mark 21st September in you calendar and come along to our research night at the Reef Gateway Hotel. There is a gold coin donation on entry that is going to charity. The evening will be based around current market conditions, future predictions/patterns, interest rates and much more. Give us a call and RSVP for the night and we will see you there.