Out-of-town buy­ers cash­ing in on Rocky’s cheap prop­er­ties

The Morning Bulletin - - NEWS -

NOW is the time to be buy­ing a prop­erty in Rock­hamp­ton ac­cord­ing to Belinda Won­son, who says house prices are “un­real at the mo­ment”.

Ms Won­son is one of the many savvy pur­chasers who has taken ad­van­tage of Rock­hamp­ton’s buyer-friendly mar­ket, where ven­dors have com­pet­i­tively priced their prop­er­ties to meet the mar­ket.

Keen to re­lo­cate from Mo­ran­bah with her fi­ancee David Thor­burn and three chil­dren to be closer to her ex­tended fam­ily, she has kept a keen eye on Rock­hamp­ton for the past six months.

“We got our house at a re­ally good time, our house was a bar­gain,” Ms Won­son said.

“It hap­pened very fast. We’d been look­ing at houses in Rock­hamp­ton since the end of May.

“We come down to Rocky once a month and ev­ery Satur­day we’d trek around to all the open houses and we did no­tice the prop­erty prices sig­nif­i­cantly de­creased dur­ing that time.”

She said her pre­req­ui­site was to find a prop­erty with four to five bed­rooms with a swim­ming pool and she was see­ing those sorts of prop­er­ties ad­ver­tised for $400,000-450,000.

It was a chance pe­rusal of her spam email folder in Septem­ber that re­vealed the crit­i­cal email from Mr Real Es­tate’s prin­ci­pal Ja­son Rayner.

Ms Won­son’s at­ten­tion was seized by a two-storey brick prop­erty, perched on a breezy Frenchville hill, fea­tur­ing five bed­rooms, of­fice, rum­pus room, two car garage and a swim­ming pool, seek­ing of­fers above $359,000.

Within 10 min­utes of in­spect­ing the house they were “in love” and by the end of the day, they had it un­der con­tract. After 12 years liv­ing in Mo­ran­bah and work­ing in the min­ing in­dus­try with her part­ner, Ms Won­son was ex­cited to be closer to civil­i­sa­tion.

“I love Frenchville as a sub­urb, I love all the restau­rants along the river-front, Stock­land has ev­ery­thing there you need and you’ve got Bun­nings,” she said.

“The other bonus for us was the day­care avail­abil­ity is phe­nom­e­nal, we lit­er­ally se­cured a po­si­tion just around the cor­ner.

“I’ve been very vo­cal with my praise for Rocky and how great it is, just the fa­cil­i­ties we have avail­able.”

Mr Rayner said he was start­ing to see those mum and dad prop­erty buy­ers “com­ing out of the wood­work”, of­ten to help their chil­dren buy prop­er­ties. “We’re start­ing to feel the early run of peo­ple re­al­is­ing ‘hey, there’s some­thing hap­pen­ing in Rocky’, there’s a bit of con­fi­dence back, there’s a whole lot of good news fil­ter­ing through and the mar­ket is start­ing to take a bit of shape,” Mr Raynor said.

“There’s prob­a­bly 80-100 sales per month hap­pen­ing and we be­lieve that’s ba­si­cally hap­pen­ing be­cause peo­ple are start­ing to feel more con­fi­dent that the mar­ket is start­ing to grow.”

Photo: Con­trib­uted

HAPPY BUY­ERS: Mr Real Es­tate prin­ci­pal Ja­son Rayner with de­lighted prop­erty pur­chasers Belinda Won­son and David Thor­burn.

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