Capricorn Life | Buyers Agent

Rockhampton, Gladstone, Mackay, Airlie Beach, Emerald, Bundaberg, Yeppoon, Agnes Waters, Whitsundays


1800 543 328

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The small tiny seaside town of Agnes Waters is home the most Northern Surfing beaches in Australia. It’s this very rare quality which could see this small sleepy seaside town rise to new heights.

Image: Agnes Waters, Central Queensland 

Boosting only 2,500 local residents it’s paradise by the sea with pristine beaches, stunning scenery and a laid-back friendly vibe. It’s these very qualities that had buyers in a frenzy during COVID between 2019-2021 this saw the median house price skyrocket from $460,000 to $710,000. 

The team at Capricorn Life Buyers Agency understand that Agnes Waters given its such a small town the number of dwellings for sale each month is very low and it’s this low and slow transaction volume that’s holding back the median house price from further growth. 

We have seen very strong and pint up demand primarily from interstate buyers chasing lifestyle and affordability but there’s just not enough stock available to sustain the current demand levels. 

Image: Agnes Waters House 

Another unfortunate issue is that the velocity of new construction is also very slow, as large majority of the Region’s builders are busy with a pipeline of work in Bundaberg and Gympie. 

This low supply of existing stock and the sheer lack of new construction is leading to many multi offer purchases and buyers are opting to withhold buying or choosing to buy in other markets such as Bundaberg Coast, Yeppoon or Airlie Beach where the buying opportunities are a lot more with similar lifestyle drivers.

The team at Capricorn Life Buyers Agency will continue to monitor this market closely over the coming months to see if it’s still got further steam in it. It’s qualities are similar to that of Bryan Bay, New South Wales and we all know what’s happened there so it won’t take long until the secret gets out and investors can capital on all the upside potential. 

Buyers Agent Agnes Waters | Agnes Waters Buyers Agent 

Troyson Bassani

Owner & Head of Research

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