Fastrealestate

Adelaide Real Estate - Adelaide is the capital of South Australia and is situated on the South Coast of Australia on the banks of the River Torrens. The property market is not quite as expensive as Sydney or Melbourne but overall has performed well.  Rental property vacancies remain tight and this keeps the returns going in the upward direction for investors. Houses, units, flats and townhouses have all grown in value and as with most capital cities any land close to the CBD is at a premium.

Adelaide  Sep quarter median   % change Jun 07 – Sep 07  % change
Sep 06 – Sep 07
 
House Price  $320,000  +2.3  +10.7
 
House Rent (3 b/r)  $255 pw  +2.0  +8.5
 
Unit Price  $250,000  +4.6  +11.1
 
Unit Rent (2 b/r)  $205 pw  +2.5  +7.9
 
Vacancy rate  1.5  +0.2  0.0

About Adelaide - Population is approx 1.1 million and the city was founded in 1836. Average temprature is 23c in January and 12.5c in June

 Attractions

Botanic Gardens, Adelaide Festival Centre, Central market, Glenelg Beach, Gouger Street, Rundle mall and the South Australian Museum.

Canberra Real Estate - Canberra in the ACT is the national capital and is situated between Sydney and Melbourne. The city has a much smaller population at around 350,000 people.  Average house prices are in excess of $400,000 and average unit price is almost $350,000. A shortage of rental properties is pushing returns higher for property investors with units and flats looking the most attractive at this point.

Canberra  Sep quarter median   % change  Jun 07 – Sep 07  % change
Sep 06 – Sep 07
 
House Price  $425,000  -0.4   +8.1
 
House Rent (3 b/r)  $350 pw  0.0  +9.4
 
Unit Price  $346,000  +3.3  +11.0 
Unit Rent (2 b/r)  $340 pw  +3.0  +13.3
 
Vacancy rate  2.2  -0.2  -0.2 

Canberra Features:

Parliment House, Lake Burley Griffin, National Capital Exhibition, National Library of Australia, National Portrait Gallery, Home of the Royal Australian Mint.

Australian national university

Cairns Real Estate - Cairns QLD property market is experiencing similar growth to southern areas of Australia. Cairns is part of a tropical paradise and is the largest city in the north of Queensland, the area is a gateway to the barrier reef and the Daintree rainforest. With the possible exception of Perth Cairns has been one of the best performing real estate markets over the last 2- 3 years. House prices and rental returns are growing and the outlook for the area is positve. Median House price from June to September 07 $365,000 with the average 3br house renting for around $300 per week. Median Unit price is about $220,000 with the rental return of $240 per week.

Cairns Features -

The premier holiday destination in northern queensland

Trinity Bay

Access to the following -

Great Barrier Reef

Rainforests

Cape York Peninssula

Hervey Bay Real Estate- The Hervery Bay property market has boomed recently and development is thriving. Homes and units have risen in value and like most water front locations demand remains high. The town  is situated between Maryborough and Budaberg and is a prime holiday destination, the climate is amazing and you have access to Fraser Island and the region is one Australia’s fastest growing.  This is an attractive area for real estate investors and people seeking a sea change lifestyle.

Points Of Note:

Whale watching tours

Whale Festival

Hervey Bay Marina

Access to Fraser Island

Close to Lady Elliot Island

Nambour Real Estate - Nambour is central on the Sunshine Coast and is the largest major city in the area not on the coast. When looking at real estate in the area you can see this reflected in the prices. Nambour has a more rural feel to it and is less popular as a holiday destination. Nambour is large and it sprawls through the hills and into the hinterland towards Montville to the west and Buderim  to the east. Over the last 5 years the property values have risen with the market but they started from a lower price point than the coastal areas. Buyers looking for a low cost buy into the Sunshine Coast should take a look at Nambour.

Caloundra real estate - Caloundra QLD is on the southern end of the Sunshine Coast in Queensland. The local property market has been strong over the last 5 years on the back of the national property boom. House prices have risen and continue to rise due to high demand and net population growth in the area. New construction is thriving with the development of high rise apartments and units underway. Expect to find great beaches, shopping and restaurants and it’s the first  Beachfront destination north of Brisbane so it’s very popular for holiday rental units, given it’s proximity to Brisbane you would have to say the outlook is strong for property investors.   Caloundra is just 20 minutes drive to Buderim & Maroochydore