Property adviser says Cairns and region is set to boom
A NATIONAL property investment adviser says Cairns is on the cusp of a boom and is recommending his small clients start buying residential properties in the city now. Propertyology’s Simon Pressley says the city is one of nine in Australia with above average capital growth potential. ‘‘I’m not sure whether Cairns residents realise just how exciting this next decade is going to be. Propertyology believes that the next decade could produce property ric- hes not seen in Cairns since the days of the Christopher Skase and Japanese tourism boom of 20-odd years ago,’’ he says.
Mr Pressley says Cairns is ‘‘priority number one for a majority of Asian tour- ists. Cairns is already accessible by a direct flight from many Asian cities. The Great Barrier Reef, Tablelands, and relaxed lifestyle are of enormous appeal to Asian people,’’ he says.