SM95_ Shiftminer Magazine

Page 22

$100K Price Boom Predicted

real estate 95th EDITION. 2010

GFC past but politics painful

Position Position Position Finance Available

Signature on High - Southport 2

1

1&2

The Ultimate in Location and Lifestyle

Buy Now

light before the and rail goes in prices soar

The Signature on High complex is a much sought after and ideally located in the centre of Southport. The complex is a short walk to the central business district, shops, Australia Fair Shopping Centre, cafes and the beautiful Broadwater precinct and it’s park, boardwalk & pool. It’s also a short walk from a major bus interchange in the centre of Southport. We have a unique opportunity where we are able to offer Deposit Finance for this purchase if you do decide to finance your loan through us. s "RICK 4ILE #OMPLEX YEARS OLD s %XPANSIVE FREE mOWING OPEN PLAN LIVING s &ULLY !IR #ONDITIONED s &ULLY 4ENANTED s 0OOL s #LOSE PROXIMITY TO THE BEST PRIVATE SCHOOLS s 3OUTHPORT IS POISED FOR GROWTH

Selling NOW &ROM K K 2ENTING P W Dianne Crichton , 2 % ! * 0 1UAL 0409 709 668 dianne.crichton@exchangetime.com.au Sustainability Declaration is available from Agent Call for Brochure on Gold Coast Light Rail & Broadwater Upgrade

GREAT FOR INVESTOR - GREAT FOR TAX - GREAT FOR MINERS

Page 22 - Shift Miner Magazine, 13th September 2010

THE price of houses in key mining towns has recovered any losses incurred during the global financial crisis, according to the Real Estate Institute of Queensland. The median price for a house in Moranbah is now $460,000 up nearly five per cent from last year. At Blackwater, prices are up by nearly six and a half per cent to $303,000, reflecting the strong outlook for the mining industry. Despite the strong result in mining towns, the trend is changing elsewhere in the region. In Biloela and Proserpine, the three months to June were very difficult in the real estate industry - with falls in the median house price of nearly 24 per cent. The fall suggests there was either an end of financial year fire sale or, alternatively, the peak in house prices for those centres has past. Recent political uncertainty and the unresolved mining tax has put a

brake on local business. A number of local real estate agents said enquiry virtually dried up when the mining tax was announced, and didn’t pick up when the election was called shortly after. REIQ Rockhampton zone chair Noel Livingston said it’s been an unsettled time. “The ambiguity of the proposed miners’ tax during the June quarter also had a major impact on investors entering the Rockhampton property market,â€? he said. “The miners are a big part of the [real estate] industry, although we’re hoping once the election is over, this will help bring them back.â€? In Mackay, the median house price was up nearly four per cent for the year, but down nearly two percent in the last quarter. In Rockhampton, the median house price was up more than five per cent over 12 months but down one and a half percent in the last three months. In Gladstone, there has been no change for the 12 month period,

www.landmark.com.au

MACKAY 87 Ha – 215 Ac Freehold (Rural)

Future subdivision potential

Wundaru Heights 17km to Mt Pleasant. Views over Habana, northern beaches and the Pioneer Valley. Bounds the rural residential estate on Gardeners Road. Two dams (one springfed). Fenced into 5 paddocks of improved pasture (160 acres), balance is virgin rainforest. Will carry a minimum of 100 head of cattle. Web ID: 7246966 EXPRESSION OF INTEREST 30/09/2010 by 5pm Gary Johns 0427 241 250

LANDMARK MACKAY 07 4952 4377

LM1760 Mackay RE Ad 122.5x74.5 AW.indd 1

7/09/10 10:32 AM


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.