Property Pulse: June 2020

22 July 2020 • The Management Rights Market • By Nick Buick

This is the first COVID impacted set of data and points to a reduction in Holiday/Resort stock on the market to the lowest level we have recorded. The listing period for Permanents has halved indicating a focus on buyers on this part of the market. The Brisbane market appears to be largely unaffected at this point however and predictably the Gold Coast market has been deeply impacted with stock levels falling in all categories.

MR Market Analysis

Letting Pool Coverage – proportion of the total units to those within the Pool. Agreement Coverage – refers to % of total agreement term available upon purchase.

On-The-Market Analysis

Standard Agreements multpliers have fallen from an average of 4.22 to 3.71x
Accommodation Agreements have fallen from an average of 4.7 to 4.42x

Historical Market Analysis

Total stock on market has returned to 2018 levels
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