re­aldeal

The Weekend Post - Real Estate - - Pick Of The Week - with Nick Dal­ton

UNITS and town­houses in Cairns are pro­vid­ing af­ford­able hous­ing for first home buy­ers, cou­ples and small fam­i­lies. Ac­cord­ing to the REIQ, in the De­cem­ber quar­ter me­dian unit and town­house fig­ures showed good growth. In Cairns the in­crease in value was 25.7 per cent for a me­dian of $235,000. Growth ranged from 41.6 per cent at Bun­ga­low to 3.8 per cent at White Rock. The only neg­a­tive sub­urbs were Cairns North (-2 per cent) and Fresh­wa­ter (-2.7 per cent). When you look at the me­dian unit and town­house prices there are some very af­ford­able prop­er­ties still avail­able which would suit a wide range of buy­ers.

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