Forrest Beach Remains High Value Spot

The real estate market at Forrest Beach remains quite fluid compared to the slowing of the market seen in the Southeast of the state. Venables Real Estate is still receiving many out-of-town enquiries from both investors and buyers looking to move to the area. There is a good mix of retirees and young families, as well as professionals looking to live in the friendly coastal community. Many feel that the area is a safe and welcoming community to either raise their family or retire to.

The owner of Venables Real Estate said a safe community is a huge reason why Forrest Beach is so popular.

“Being safe is a huge thing, especially for families and children growing up, but also with people on their own, or older people. Having a safe community in which to live is a major point in why they would stay.”

During COVID Venables Real Estate saw a positive impact on the real estate market at Forrest Beach with the median house price increasing to $360,000 (an increase of $120,000 over the past four years) and land valuations increasing across the region. Modern, low-set, concrete block homes are still in high demand, and they have a waiting list of buyers wanting to move to the area.

Increased interest from interstate investors is having a positive impact on Venables Real Estate. Mary said it allows for additional rental properties to be added to their listings.

Mary also said that the days of buyers looking for renovation projects are over.

“Many of our clients are looking for homes that they can walk in and put their feet up,” she said.

“Properties with renovated kitchens and bathrooms are seen favourably by buyers, as it reflects value for money; whilst large garages with high vehicle access are highly sought after for boat and caravan storage.

“Above all, buyers are looking to escape the flashy tourist beaches like the Gold Coast, Sunshine Coast, Airlie Beach or Port Douglas. They enjoy the relaxed, friendly community and the pristine beach that Forrest Beach has to offer, while still being able to access all of the necessary amenities.”

Contributed with thanks to Venables Real Estate

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