Last but not least, this completes our look at the best places to buy real estate this year.
- Tully – this area is a great place to retire. With the surrounding areas of Mission Beach being an appealing tourist area and the close proximity of the Great Barrier Reef and the ocean, Tully has a great potential for growth and stability. There are many modern amenities available in Tully and nearby Mission Beach. The average median home price in Tully is $265,000 and there are many homes that have the potential to be renovated for more financial gain.
- Woolgoolgo – this charming coastal town in just 20 km north of Coffs Harbour. Woolgoolgo is a very popular tourist area and offers residents the convenience of being close to a major city centre in Coffs Harbour while still enjoying a small town ambiance. There are many opportunities for investors to renovate homes in this area and the average median home price is $330,00.
- Ocean Grove – this coastal jewel is just 59km south west of Melbourne CBD. Ocean Grove offers a wide variety of homes from beach shacks to grand homes and everything in between. There are shopping areas, restaurants and cafes in Ocean Grove and more amenities available in nearby Geelong.
- Cranbrook – this suburb is only 3 km from Thuringowa. This area offers substantial renovation potential and many larger lots can be subdivided. The average median home price is $338,000 which is significantly lower than nearby Townsville City.
This is our final installment in the series on the best places to buy in 2009. The real estate market is wide open and ready for those who want to find the house of their dreams. With this list of suburbs that are expected to be hot spots for 2009, buyers will be well on their way to finding that perfect home and investment property.
Property Options Australia
Property Options Blog © 2006 – 2009
Hi Sean,
Thanks for the ideas on where to look for some great bargains. There are a lot of factors to consider when looking for the best places to buy real estate. One of the biggest is the numbers.
You really need to know you can make a profit.
I am always happy when some one else does the footwork and just puts up the results. Thanks for your article on the best places to buy Real Estate…I have made some notes.