Queensland's Coastal Towns Emerge as Unexpected Property Market Winners

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 67%

Real Estate News

Property Market,Queensland,Coastal Towns

Bargara, Yeppoon, and Agnes Water are seeing significant home price surges, attracting buyers seeking affordable coastal living.

Queensland’s coastal underdogs are emerging as unexpected property market winners, with some towns seeing home prices surge almost 40 per cent in the past year.

The median house price in Agnes Water also recorded a modest 8.7 per cent increase to $815,000 in the past year but experienced a colossal 118.8 per cent jump in the five years to June. “Moving here was about slowing down and getting back into a community environment and finding a place where the kids can ride their bikes.

“Our No. 1 buyers are from the Sunshine Coast, and the Gold Coast is No. 2. We’re getting couples, with children under 10, who can work from home but we’re also getting 30-to-40-year-old tradies,” he said. “We’ve got that country atmosphere by the beach that Byron Bay used to have about 10 to 15 years ago. But you still have a major regional city up the road, which is Rockhampton.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Queensland's Coastal Towns Emerge as Unexpected Property Market WinnersBargara, Yeppoon, and Agnes Water are seeing home prices surge due to cheaper property prices and a desire for beach life, attracting buyers seeking an escape from the rat race.
Source: theage - 🏆 8. / 77 Read more »