FAMILY HOME WITH SO MUCH ROOM TO ROAM

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.