Real Estate Rainbow Beach

Thursday, December 1, 2011

Rainbow Beach Real Estate Newsletter December 2011

"The Supreme Court has ruled that they cannot have a nativity scene in Washington, D.C. This wasn't for any religious reasons. They couldn't find three wise men and a virgin."
Jay Leno.

The team at Cooloola Coast Realty takes great pleasure in welcoming Rieke Doell to the newly established full time position of Holiday Letting Manager. Rieke has been living in Rainbow Beach for the past three years and has a wealth of experience from previously working in Event Management and the Tourism Industry – both in Australia and in Europe.

We wish Kerry Leyland all the best and thank her for her tireless efforts over the past 2+ years in the role of Holiday Letting Manager. We are sure that she will enjoy spending more time with her young son, Kye (who will be off to School before we know it) and her husband, Grant.

Not many more sleeps now until the much anticipated wait is over for Santa to deliver his cheer! Christmas came early for us at Cooloola Coast Realty having enjoyed a fantastic Staff Christmas Party at Arco on the 25th of November. ‘Secret Santa’ gave out some wonderful presents and everyone had a great evening.

Whilst 2011 has proved to be another very challenging year in real estate, Cooloola Coast Realty is in an enviable position to ride out the lows as we have a sizable rent roll including permanent rentals, holiday properties as well as secure storage and parking. With three full-time staff and two owner-operators, we are well positioned to provide unrivalled, professional and experienced property management and real estate sales services to Rainbow Beach.

Over the past three years, Rainbow Beach has gone from having four separate real estate offices to just two. Given that we are a town of only 1,200 permanent residents; two real estate offices is realistically all that is sustainable over the long term.

The volume of residential sales in Rainbow Beach over the past three years has been well below average and coupled with a reduction in property values; this has meant that sales commissions have been down approximately 65% over the past two-three years (compared to the 20 year average).

Essentially, the current state of the economy is putting immense pressure on small (and large business), particularly those that have no association or derive no benefit from the mining boom. We just spent a couple of days in Brisbane and were quite surprised to find that the real estate market there is quite depressed also. Real estate colleagues of ours are reporting significant reductions in sales volumes and there has been a notable increase in Receiver Sales and Mortgagee in Possession sales as well.

Fingers crossed that we get further reductions in interest rates over the next few months and that should relieve some pressure on families and businesses alike.
Now, before you head off out of town for your Christmas break (not that you would want to be anywhere else other than Rainbow! J), just remember – we have a very safe, quiet and low crime rate town BUT you are better to be safe than sorry. So, although Christmas is a time to rejoice, let your hair down and enjoy the company of family and friends; if you are planning to be away from your home over this period we would like to remind you of some holiday security tips:

Ÿ Keep Christmas trees and presents hidden from outside view

Ÿ Remove all ladders and climbing objects from around the house

Ÿ Notify neighbours that you are going away and have them keep an eye on your place whilst you are not there

Ÿ Leave a light on inside (connecting it to a timer is even better)

Ÿ Hide all money, jewellery and valuables

Ÿ Don’t hide a key outside your property or leave notes!
To all past, present and future clients, we would like to take the time to wish everyone a very Merry Christmas and hope that all of you and your loved ones remain safe throughout the Christmas period.

One of the real joys of the festive season is the opportunity to say thank you and wish you the very best for the New Year.

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