Like most capital cities, Darwin has witnessed strong recovery from the impacts of COVID-19. Find out which suburbs now offer the best opportunities for investors.
Premium Content
Subscriber only A 30-year-old Sunshine Coast home has been snapped up for $200,000 more than what a similar property 50m away sold for only six months earlier. Details of the Buddina home sale were revealed as another example of the Sunshine Coast s hot property market, driven by interstate demand and fear of missing out . The three-bedroom home on a 578sq m block that is walking distance to Buddina Beach and Kawana Shopping World sold in February for $980,000. According to RP Data the last time the home sold was in 1981 for $46,500.
Herron Todd White Sunshine Coast director Stuart Greensill wrote in a recent report that a similar property 50m away sold for $730,000 in September last year.
Premium Content
Subscriber only
Central Queensland property markets continue to reflect high demand and continued growth, according to the latest real estate report by Herron Todd White.
The March 2021 Month in Review placed Rockhampton and Gladstone in the ‘start of recovery’ category industrially.
In Rockhampton, the review forecast increased industrial employment growth thanks to coming infrastructure works.
“The price of coal has been declining over the past 18 to 24 months, showing greater instability,” it said.
“This may cause some uncertainty in the industrial property sector as industries that support mining have less certainty, however, the rate of growth in industrial markets in Rockhampton is now more likely to be dependent on the timing of infrastructure projects coming to fruition.”