Cairns is well positioned in North Queensland and renowned for its tourist attractions. Nestled between the rolling Atherton Tableland and the Great Barrier Reef, it is a popular tourist destination and home to a growing number of people who enjoy living among some of the world’s most famous Heritage Listed locations. If you are looking to invest in Cairns we have a number of house and land packages throughout the region.
If you are not local to an area it is very important to spend the time researching and understanding the demographics of the area, as different age groups will have differing levels of expectations and requirements for their home. For example families will require a property in close proximity to good schools, a quiet safe neighbourhood, and access to recreational areas. If an area is populated with young professionals they will have a very different set of expectations.
When investing in property it is very important you remain practical. It is unlikely to be a home you live in, for this reason creating a simple check list will help ensure you are not missing out on what your target market is looking for. Strategically choosing the right property will help safeguard your investment making sure the area has good public transport, a home built by a company with a strong reputation, and proximity to infrastructure are all key factors.
The Real Estate Institute of Queensland (REIQ) reported that 2012 saw reduced vacancy rates throughout the Cairns region, highlighting a growing demand for rental properties. If you are looking at investing in a house and land package in Cairns our local team can advise you on up and coming areas and the type of property that is suitable for the Cairns market, contact our team today for further information.