Hi Everyone
Just popping in to let you know that Cairns is definitely heating up fast! Among other things, my observations are as follows:
On a personal note, I am currently at capacity, which is why I've not been active on the forum lately!
If you're looking for an investment in a less frenetic market, you might consider other areas closer to the bottom of the market.
Cheers
Jen
Just popping in to let you know that Cairns is definitely heating up fast! Among other things, my observations are as follows:
- the region is becoming more economically diverse - mining, tourism, tropical expertise, education, sport, science, asian food bowl, super-yachts, navy base
- economic indicators are pointing in the right direction - increasing building approvals and business sentiment, decreasing unemployment.
- the market is due for a growth spurt
- stock on the market is limited
- land availability is limited
- rental vacancies are tight
- population growth is strong
- demand is outstripping supply
- the Auction market is taking off
- southern financial advisors are recommending the region
- selling prices are at or above asking prices
On a personal note, I am currently at capacity, which is why I've not been active on the forum lately!
If you're looking for an investment in a less frenetic market, you might consider other areas closer to the bottom of the market.
Cheers
Jen