I am in a good position in that I have the opportunity to purchase an NRAS house and land package in Calliope (25min for Gladstone) for 45k less than what non nras are currently selling. I am I bit concerned about the recent oversupply of new housing there.
We all know it takes time for building to catch up with demand but it has overtaken now and vacancies around 5.6%. Because it is nras I am not as concerned with vacancy rates but more concerned with the future of the projects in the area and upward demand on housing and growth in the area over a 10 year period. Any words do wisdom will be well appreciated! Thank you in advance.
We all know it takes time for building to catch up with demand but it has overtaken now and vacancies around 5.6%. Because it is nras I am not as concerned with vacancy rates but more concerned with the future of the projects in the area and upward demand on housing and growth in the area over a 10 year period. Any words do wisdom will be well appreciated! Thank you in advance.