Realtors recognised as Redlands market performs well

GREAT PERFORMANCE: Redlands realtors have been recognised as Redlands property market continues to perform well.
GREAT PERFORMANCE: Redlands realtors have been recognised as Redlands property market continues to perform well.

FIVE of Queensland’s top 10 real estate agents rated by customers online are selling property in the Redlands.

Ryan McCann, Nyree Ewings, Adam Gould, Dave Neilson and Solomon Soner have all been listed as nominees for state agent of the year by Rate My Agent.

All five have scored top reviews on the website, which allows customers to post comments and rank their experiences with realtors.

The platform is also used by realtors to promote their profile.

Manly-based agent Helen Politis was also nominated for a rising star accolade by Rate My Agent.

The news comes as Redlands property market continues to perform well, also helping Cleveland’s LJ Hooker to be named as one of Australia’s best performing sales offices by Real Estate Business.

LJ Hooker Cleveland’s team of 19 agents and fives support staff processed 515 sales last year, generating a sales volume of $303 million.

Real Estate Institute Queensland chief executive Antonia Mercorella said the Redlands market continued to experience strong and steady growth.

Bayside property was in high demand, helping to achieve a 20 per cent rise in capital growth for Redlands property owners throughout the past five years.

Ms Mercorella said the Redlands market delivered capital growth of 3.3 per cent last year, in comparison to rises of just 2.3 per cent in Brisbane.

“Buyers (are) flocking here to own a piece of this bayside lifestyle,” she said.

“The annual median house price is $537,000, up from $520,000 a year ago.”

“(There) is strong and steady growth, giving those who have a foot on the property ladder confidence that their investment is growing in value.”

In REIQ’s latest quarterly Queensland Market Monitor, Queensland’s market is described as solid and sustainable.

Unit markets had performed poorly throughout the past year across the state but gains were achieved in the Redlands, Townsville, Logan, the Sunshine Coast and Noosa.

REIQ forecast a further tightening of lending conditions following the Royal Banking Commission, tipping a smaller impact on the Queensland market compared to other states.