A circa-$10m off-the-plan apartment sale in Redcliffe has signalled a dramatic shift in how Queensland downsizers are choosing to live, a developer says.
A historic Townsville estate with 15 bedrooms and a colourful past as a general’s residence, nurses quarters and student accommodation has hit the market.
Townsville homeowners have watched up to $40,678 vanish from their property values in just three months, as shock new data exposes the suburbs hardest hit by the national downturn.
Townsville’s property boom has shown further signs of cooling, with new data showing higher interest rates have caused prices to slide.
A historic Queenslander has been listed for sale for the first time since it was built, sitting on a huge block tucked away in suburbia.
Townsville’s unit market has exploded with a massive 19.27 per cent rise in median price in just one year - despite a nationwide property downturn impacting every Australian state capital.
Townsville home prices have recorded their first fall in more than three years, joining Brisbane and the nation in a broader property market downturn driven by rate and budget fears.
Townsville has retained its crown as Australia’s hottest property hub, with just two of its 66 markets recording price drops.
Townsville’s home prices fared the best across all of Queensland in June, continuing to rise despite a hit to Australia’s property market.
Described as a ‘landmark house’, this Troppo Architects-designed property offers jaw-dropping views, tropical landscaping and move-in ready luxury.
