Research on the best suburb to invest


Best suburb to buy property

Scarcity of Waterfront in the Whitsundays

THE best suburb for property investment is often waterfront because of the limited supply. Research breaking down existing and yet-to-be developed properties on the Whitsunday Coast, demonstrates the finite supply of waterfront property – in particular the very limited waterfront land yet to be developed.

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Whitsunday property research

Why the best suburbs are in the Whitsundays

RESEARCH on the Whitsundays economy and property market, looking at the key industries driving the local economy. This research looks at where the growth and investment will come through industry trends and major projects.

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Best suburb research

Key Projects in the Whitsundays

RESEARCH outlining the key projects that are driving investment and economic growth in the Whitsundays now and into the future.

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Best suburb for real estate

Developers Swoop on Airlie Beach

DEVELOPERS are seizing on sites across Airlie Beach as The Whitsundays region basks in a tourism-driven recovery.

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Best suburbs for property

PRD Nationwide : Property Factsheet Whitsunday Coast 1st Half 2016

Property markets in Airlie Beach, Cannonvale, Jubilee Pocket, and Cannon Valley have demonstrated subdued growth between 2014 to 2015; however recent improvement in the tourism industry has the potential to inject further optimism into the market, attracting increased interest from investors. Houses recorded an average price growth of -8.7%*, sitting at $500,000. Units average growth is -3.8%*, sitting at $256,000*. Average days on market declined by 48.4%* over the past 4 quarters, sitting at 53 days. Average vendor discounting has decreased for houses, currently at -3.2%. As supply disappears and demand increases, investors may soon find the best suburb for property investment in the Whitsundays

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PRD Nationwide : Chinese Investment

In 2014, China’s GDP growth stood at 7.4%. This was in line with expectations and the government’s target rate of 7.5%. The growth rate has experienced as low down in recent years and is unlikely to reach the double digit growth it has experienced in the previous three decades.

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whitsunday_waterfront_property_report

PRD Nationwide : Whitsunday Waterfront Property Report

The Whitsunday Region is home to approximately 35,500 permanent residents and located right in the heart of the Great Barrier Reef. It is situated just east of the Galilee Basin, approximately 150km north of Mackay and 1100km north of Brisbane. The Whitsundays are made up of 74 Islands, all of which are renowned for their stunning natural landscapes and secluded beaches, attracting thousands of visitors to the region each year.

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Opportunities to own a piece of paradise don’t come around too often!
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