With the New Year here, there is a lot of interest in real estate property. 2009 is expected to be a great year for first time home buyers to find there dream home. With the government First Time Home Buyers Grant expiring at the end of the fiscal year many first time home buyers will be scrambling to take advantage of that free money and get into a home this year.
Areas That Are Expected To Do Well In 2009
There are a few Suburbs that are expected to do very well in the coming year.
- Iluka – this beautiful coastal area is south of Brisbane and sits directly at the mouth of the Clarence River just opposite of Yamba. This area has been a popular holiday retreat and vacation spot for many years. It is relatively close to the city of Grafton, which makes this quaint setting perfect for commuting or traveling to a major city for shopping and other necessities. The median house price in Iluka is $380,000 which is very good for coastal living.
- Halifax – located just minutes from beautiful Lucinda and Hinchinbrook Island, Halifax presents the opportunity to live in an oceanfront area for a very reasonable price. Halifax is close to the ocean while also being close to the township Ingham which offers lots of modern amenities. The average median home in this area is just $200,000.
- Nambour – this residential area on the Sunshine Coast is a very affordable suburb. There are many conveniences offered in Nambour including a train station that links the town to Brisbane. This is great for commuters who want to love outside of the city. There are also many great schools and markets, as well as hospitals and retailers. The average median price for a home in Nambour is $359,000.
Sean Rasmussen
Property Options Australia
Property Options Blog © 2006 – 2009
Hi Sean,
Being a Queenslander all these places are familiar to me. I think that these are all great choices for a great place to buy property. You’d have to seriously consider where you’re going to buy property if you don’t live in that town though.
Who will keep an eye on the property for you?
Thanks for pointing out these great real estate opprortunities. Sometimes you just have to look alittle further for a great deal. For instance..if a major freeway has a extension planned, look which suburbs it will pass through and but there..before it begins.