“Cairns has just entered the recovery phase of the property cycle.The City is experiencing very tight supply…Property expert analyst Michael Matusik states in his recent Cairns Report”
When searching for an “investment property” a lot of people look for areas that have lamented for a while but are historically proven performers and show great promise of Capital Gain in the future.
Savvy investors also look at tight or low vacancy rates (sign of under supply) and match this up with a property that will appeal greatly to owner-occupiers on re-sale and we present such a property today where construction has now commenced.
Well respected National valuer Herron Todd Whites August 2016 report confirms Cairns vacancy rates are now at “stress levels” of 1.7%. You will also notice the vacancy rate was at its highest in 2008, the peak of the market in Cairns…….(8 years ago!)
Combine the very low vacancy rate with a rising market in Cairns (confirmed below) this could be your opportunity to purchase a beachside property in the area at a very affordable price.
Also a fresh new report from QBE, Australian Housing Outlook confirm median prices in the area are set to increase by $35,000…….But conservative bank panel valuer tends to disagree confirming an increase in the median house price would be closer to $60,000!
To take advantage of the potential capital growth in the area we are putting together some really affordable house/land packages a few minutes drive from one of Cairns Best Beaches and just 1 klm to the local Marina offering direct access to the Great barrier Reef with Beachside Land starting from only AUD$195,000!
Michael is not the only expert property analyst talking up the potential of Cairns. BIS Shrapnels cheif economist Frank Gelber recently predicted Cairns to be the “Boom Town in Australia within the next 5 years”. If you have not already you can read the report here.
Never been to Trinity Beach? Click on the video below to view location of land and see how close it is to the Marina and Tropical Beach.
The homes will be built to an impeccable standard and not your typical investment type house/land package and the reason being the houses will stand out and offer great appeal to a potential purchaser who is virtually guaranteed to pay the most for your property when its time to sell in the future……and who would that be I can hear you ask?
Its the Baby Boomer moving to Cairns from Interstate! The homes to be built will offer great appeal to these buyers and here’s why:
- There are hundreds of Baby Boomers moving to Cairns each year, most being from Sydney and Melbourne and in the majority of cases they head for the Northern Beaches of Cairns.
- Many would be retired or semi-retired and do not want the Mansion to look after anymore. A top quality, low maintenance property fits the bill nicely with maybe access for the boat so they can go fishing or take a trip to the Reef on a nice day.
- They also want a nice peaceful friendly area to live in with walking distance to a beach and also maybe drop the boat in at the local Marina
As you scroll down below you will understand we have found the location and type of property that will greatly appeal to this type of buyer………Oh also click here to view the brand new 10 million dollar bar and grill overlooking the Marina has just opened and is just 1 klm from the homes we present to you today.
Your opportunity to purchase a Top Quality Beachside House/Land package.
Location just 15 minutes drive north from Cairns International airport and CBD.
Balmy Tropical Beach a few minutes away
Marina just 1 klm away
Stage 5D is surrounded by parkland and walking trails. Click on masterplan for larger image.
This is a premium estate. Plans are now being finalised for houses with prices from $395,000 to $490,000 for a total package offering excellent rental returns.
By the way, It is very important not to build the smallest house you can just to keep costs down as it will have a detrimental effect when selling in the future. Very small cramped designs do not appeal to owner-occupiers and as mentioned they are the buyer that pays the most for a property when re-selling.
Prices will include fencing, landscaping, security screens, window coverings plus split system a/c to living, bedrooms and media rooms etc. So all ready for tenant to move in.
The builder mainly builds homes for owner-occupiers resulting in great attention to detail. They build a top quality product that will appeal to owner-occupiers when it comes down to selling in the future.
You will find momentum really taking place in Cairns at present.
Each new release of land sneaks up in price and I know builders are trying to keep a cap on tradie’s prices who have had a few lean years in Cairns and feel its time to catch up…..but that’s not easy.
Looking to the future I know prices to build a home will escalate as massive projects come online and it will be very difficult to keep subcontractors prices down as they will have many job options available to them.
Therefore if you wish to take advantage of current affordable prices in the area for a house and land package I would encourage you to register below for plans and very affordable prices or call me on 0412 472 172 to discuss further.