Great time to invest in property

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Great time to invest in property

MEDIA RELEASE – FOR IMMEDIATE USE
Monday 7rd March 2011

Recent data published by the Office of Economical and Statistical Research indicated Townsville was the largest growing local government area outside of southeast Queensland and the fifth largest growing in regional Australia.

Taking a step further into the statistics and focussing on the property market, many people are now aware that Kirwan has been named by The Real Estate Institute of Queensland as the most popular Queensland suburb for house sales outside of the south-east, and the fourth most popular suburb Queensland Wide. Being close to all infrastructures, local amenities, social and sporting facilities, schools and restaurants makes it an ideal location to live – and invest.

The Kirwan area provides some enticing investment opportunities, too, with several new housing estates. Two of its most popular being Willowbank Estate, near the golf course and Liberty Rise Estate at the foot hills of Mount Louisa, both owned by the long-established Parkside Developments.

One of the area’s largest builders, Tropical Homes, has seized the opportunity to provide property investors with that extra ‘leg-up’ to take advantage of the projected highly favourable rental conditions for property investors, by offering a complete advantageous package to astute investors. With new homes already completed in the area and ready for immediate occupancy, this particular builder is now offering a guaranteed 7 per cent return on their investment properties, with no property management fees and guaranteed tenants for at least 2 years.

And it’s no secret that over the next 9 months we’ll see a surge in population growth in conjunction with rental property demands, with the remainder of the incoming 3RAR Battalion, their families and associated personnel moving to Townsville. The 3RAR Battalion alone will represent almost a 2% increase in population growth, and that’s without taking into account the current population growth of the area.

Based on statistical data, favourable lending criteria from financial institutions and population projections, you can bet your house on the fact there will be southern investors shopping in Townsville.

For further information, please contact us here.

Copyright Tropical Homes 2013. All information contained in this website and it's linked articles is collated from third parties and provided in good faith. No representation is given or implied as to its accuracy or its interpretation. Interested parties must rely on their own research before making an investment decision and are recommended to obtain independent advice. QBBA 2499, HIA MEMBER.

Smart SMSF Solutions Pty Ltd is a Corporate Authorised Representative of Wealthsure Pty Ltd. Australian Financial Services Licence No. 238030

Privacy Policy: Personal information is collected from you during an open inspection / visitation or from this websites feedback is primarily for security purposes. Also, in order to assist you in finding a property, we may, unless you advise us otherwise, use that information to contact you about this and other properties which we think may be of interest to you. If the information is not provided, we may not be able to provide certain services to you or grant you access to the property. We will not disclose your information to third parties without your consent or unless otherwise permitted by the Privacy Act. If you would like to access any personal information, which we hold about you, you can do so by contacting: Tropical Homes, P.O.Box 4018 KIRWAN Qld 4817, Phone: 07 4773 1000. Please note that we reserve our rights to refuse access to such information in the limited circumstances provided for in the Privacy Act.