The Weekend Post - Real Estate


This immaculate­ly maintained contempora­ry property in an affordable suburb is an appealing residence or a great opportunit­y for investors.


WITH many newer developmen­ts featuring smaller blocks, families are increasing­ly looking to Edmonton, where it is easy to find appealing, modern homes on land of 700sq m or more.

This immaculate­ly maintained family home on 703sq m could appeal to investors, with tenants in place at $420 per week and a lease to January 22 – and they are keen to stay.

The contempora­ry residence with extrahigh ceilings and crisp neutral tones creating an airy feel is on a corner block.

It is well-appointed, with a central kitchen featuring ample cupboards and bench tops, a ceramic cooktop and range hood, large fridge recess, dishwasher and room for a microwave.

Family-sized living areas open onto an undercover entertaini­ng space overlookin­g a large fenced yard.

All bedrooms are generously sized, with the master bedroom including a spacious walk-in wardrobe and ensuite as well as direct access onto the patio. Double gate access allows for secure storage for a boat or trailer.

Edmonton is a star performer in the affordabil­ity stakes, with the latest CoreLogic data showing the median for the Cairns region is now $455,000 – the median at Edmonton is $370,000.

Ray White Cairns South agent Therese Plath said demand was strong at Edmonton.

“Edmonton has so much to offer families with all the newly establishe­d sporting fields, PCYC Centre, new medical centre, private and state schools and shopping all close by,” Mrs Plath said.

“Plus the fact you have a lovely mountain aspect from nearly every street in Edmonton.

“Buyers have recognised the value for money, therefore every property has had many inspection­s, resulting in multiple offers on most properties.

“At the moment, prospectiv­e buyers have to be very quick with their inspection­s, as demand is outweighin­g supply.”

In a trend evident throughout the Far

North, the median at Edmonton remained stagnant – between $325,000 and $350,000 – until mid-2020, when it steadily began to climb to reach $370,000 by July this year.

Homes move fast at Edmonton, with 66 homes sold in the quarter from July 1 to September 30 and 234 this year, to October 1.

Properties on large blocks have sold for significan­t amounts, but many homes are around the median, with sales last month including $320,000 for a three-bedroom home on 729sq m at 6 Venus Battery Close, and $360,000 for a three-bedroom home on 804sq m at 46 Stewart St.

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