{"id":32496,"date":"2021-05-24T11:38:23","date_gmt":"2021-05-23T23:38:23","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32496"},"modified":"2021-05-24T11:38:23","modified_gmt":"2021-05-23T23:38:23","slug":"sign-that-housing-market-is-overheated","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sign-that-housing-market-is-overheated\/","title":{"rendered":"Sign that housing market is overheated"},"content":{"rendered":"<p><strong>PHOTO: Tayla Jones and Jack Davies are wiser for the experience after making 12 unsuccessful expressions of interest in the past 12 months to buy a house. Picture: David Clark <span class=\"image-source\"><em>Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n<p>Queensland\u2019s property market is so tough to crack that one couple that\u2019s attended more than 200 properties has not been able to secure a home.<\/p>\n<p class=\"description\">Determined <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=first-home+buyers&amp;submit=Search\">first-home buyers<\/a> Jack Davies and Tayla Jones are the unseen casualties of Queensland\u2019s overheated housing market.<\/p>\n<div class=\"story-content\">\n<p>They have attended more than 200 open homes, lodged a dozen expressions of interest and have been the under bidders at auction in the past year.<\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">WE DON\u2019T ROAST OUR BEANS UNTIL WE HAVE YOUR ORDER<\/span><\/h3>\n<p><a href=\"https:\/\/fergscoffee.com\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"image wp-image-84806  attachment-medium size-medium\" src=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?fit=300%2C300&amp;ssl=1\" sizes=\"(max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?w=2560&amp;ssl=1 2560w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=1536%2C1536&amp;ssl=1 1536w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=2048%2C2048&amp;ssl=1 2048w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=500%2C500&amp;ssl=1 500w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?resize=465%2C465&amp;ssl=1 465w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?w=2160&amp;ssl=1 2160w\" alt=\"Fergs Coffee\" width=\"300\" height=\"300\" data-attachment-id=\"84806\" data-permalink=\"https:\/\/www.propertynoise.co.nz\/fergs-coffee-logo\/\" data-orig-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?fit=2560%2C2560&amp;ssl=1\" data-orig-size=\"2560,2560\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Fergs Coffee LOGO\" data-image-description=\"\" data-medium-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2021\/03\/Fergs-Coffee-LOGO-scaled.jpg?fit=1024%2C1024&amp;ssl=1\" \/><\/a><\/p>\n<p>The dedicated couple even came close to purchasing a block of land in Everton Hills which is now seen as the opportunity that got away \u2013 but they\u2019re not giving up.<\/p>\n<p>\u201cWe looked at a block six months ago and offered $350,000 and it sold for $360,000 and it was back on the market recently for $430,00,\u201d Mr Davies said.<\/p>\n<p>\u201cI\u2019d we had gotten it for $360,000 back then we would be better off.\u201d<\/p>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/brisbane-qld\/a-young-couple-has-attended-more-than-200-open-homes-in-their-search-for-a-house\/news-story\/5b05cc7625847ac4f602e07b5e6cef11\">NEWS.COM.AU<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"Inside the mansions of Australia's Afterpay billionaires\" href=\"https:\/\/propertynoise.co.nz\/au\/inside-the-mansions-of-australias-afterpay-billionaires\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" 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&rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":32497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478114267,478098521,478116199,478098566,478108149,478098519,478098535,478099030,478098522,478116196,478098543,478116198,478098513,478098873,478098579,478098510,478098514,478116195,478098511,478098705,478098533,478098509,478116197],"class_list":["entry","author-data123nz","post-32496","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-property-boom","tag-australians","tag-everton-hills","tag-first-home-buyers","tag-first-home-buyers-2","tag-home-ownership","tag-house-prices","tag-housing-market","tag-interest-rates","tag-jack-davies","tag-mortgages","tag-overheated-housing-market","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-queenslands-property-market","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-tayla-jones"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sign that housing market is overheated - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/sign-that-housing-market-is-overheated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sign that housing market is overheated - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Tayla Jones and Jack Davies are wiser for theRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/sign-that-housing-market-is-overheated\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" 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