According to the Real Estate Buyers Agents Association of Australia (REBAA), buyer activity has remained strong, with open home attendance and auction participation returning to pre-cyclone levels.
REBAA President Melinda Jennison noted that despite some isolated flooding, most suburbs had been unaffected.
“Compared to the 2022 floods, the cyclone’s impact on the property market has been minimal,” she said.
Open homes saw strong attendance over the weekend, with some attracting over 50 groups, as buyers appeared unfazed by the recent weather.
Apollo Auctions Director Justin Nickerson reported that auctions in Brisbane had “hardly skipped a beat,” with strong bidder activity and only minor disruptions from campaign postponements.
Similarly, Gold Coast auctioneer Rob Doorey saw a 75% clearance rate across multiple suburbs, suggesting the market was performing even better than before the cyclone.
With both markets proving resilient, experts say the quick rebound reflects the region’s strong property fundamentals, keeping demand steady despite short-term weather disruptions.
