Land sales sizzle in Kanimbla hot spot
in yourself, it is worth considering buying an investment property ...
“The rental vacancy rate is low and returns are much greater than interest rates, and there is potential for capital growth if you buy in the right areas.”
A shortage of land close to the city is also driving sales.
“If the laws of supply and demand kick in, this would indicate growth, Ms Grose said.
“Buyers today are very focused on wanting new, fresh and up-todate homes, which is why land sales are strong everywhere.
“Those who wish to sell older homes really must keep them up- to-date and freshen them up before placing them on the market, otherwise they will be penalised or overlooked by a large percentage of buyers.
“I have been working through many years of ups and downs in Cairns, so I do not take the good years for granted.”
RECORD BLITZ: Cairns Property Office real estate agent Alison Grose has sold 20 properties in one month, most of them in Kanimbla.