Welcome to this fortnight’s Newsletter from the tropical city of Cairns where (unseasonably) daytime temperatures are hitting 30 degrees celsius!
Conversely, our thoughts go out to our many friends and family members in Victoria who have encountered severe storms, flooding, and long power outages – all whilst enduring some very cold temperatures and conditions!
As I write this dialogue the tortured bodies of athletes who competed in Cairns Ironman are returning to ‘normal’, following a day of combat – not just against other competitors, but weather conditions of unexpected wind and rain on the day. Congratulations to all competitors and especially winners across the varying individual and team categories!
Within this edition we will provide information on the following:
– Cairns Waterfront and Water View Property Auction
– Regional Rental Crisis Continues
– Cairns Beaches Sales Activity
– Simple Tax Saving Tips For Landlords
– Ray White Now – June 2021 Update
– Paul Stirling’s Market Update
Cairns Waterfront and Water View Property Auction!
The date is set – Sunday July 25th is the date for this themed event where properties with water, canal, lagoon, or lake frontages, plus those with a water view will be offered to the throng of increased buyer numbers – particularly from Victoria, New South Wales, and South Australia.
Property owners that have property which fits into one of the above categories – if you would like to sell in the strongest market Cairns has experienced in over 30 years, please call me on 0418 774 353 or one of the sales team members to discuss the program!
for further information on our July Auction Event!
Regional Rental Crisis Continues
My colleague, Principal of Ray White Whitsunday wrote in his newsletter last week of rising rents, rental property shortages, lessened numbers of investment buyers, and abuse to staff members who are dealing with this rental shortage crisis across Regional Queensland.
As more interstate and expat buyers purchase property in Queensland for either full time or part time occupation, less housing is available to residents in the varying popular localities. It is certainly time for removed taxation incentives for regional investment property owners to be both re-introduced and further incentivised.
The regional rental shortage is a statewide crisis which demands immediate action. Private investors are urgently required to invest in housing!
Ray White Cairns Beaches & Smithfield Sales Activity
Our offices’ produced the number one (1) and the fifth (5) highest sale prices in the marketplace during the previous quarter of 2021.
Number 1 – 31 Thrush Terrace, Clifton Beach – Contracted at $1,550,000
Number 5 – 4/7 Tari Place, Trinity Beach – Contracted at $950,000
Simple Tax Saving Tips for Landlords
Do you own or are you looking to purchase an investment property to rent out? If so, you could be enjoying the benefits offered by owning an investment property, such as having steady capital growth and income.
to read how you can implement effective tax saving strategies to greater benefit from your current or future investment!
Ray White Now – June 2021 Update
As the Australian real estate market continues to surge, many property owners have questions about what has and hasn’t changed in the way in which properties are being marketed in the current environment. Without doubt, now is a good time to market your property for sale. See why with the latest Ray White Now 👉 https://bit.ly/3iuctvJ
Paul’s June Market Update
For a comprehensive take, listen below to hear Paul’s latest update on what’s been happening in the market throughout June!
|14 Castaways Close, Kewarra Beach|
|PERFECT FAMILY HOME IN QUIET CUL-DE-SAC. MOVE STRAIGHT IN !!|
Ideally located just a short stroll from the beautiful sands of Kewarra Beach, you will find this newly refurbished four bedroom home. Built with practicality in mind, you can enjoy functional living and entertaining all year round. Set on a 700m2 allotment this home is ideal for families, retirees, or an investor. Situated in a quiet street you will find that this home offers the very best in residential living. Better still is that you can move straight in.
Look at all the bells & whistles:
• Four spacious bedrooms, two bathrooms, and separate laundry
• Side access via double gates – plenty of room for boats, trailers, and toys
• Gorgeous, resort style pool
• Master bedroom with ensuite and walk in robe
• Solar System – 6.6kw
• Huge undercover outdoor alfresco entertaining area
• Security screens to all windows & doors
• Air conditioning, ceiling fans, and tiled throughout
• Double garage with internal access to house
• Fenced property with easy to maintain tropical gardens
• The neighbourhood offers a peaceful location, with a lovely park nearby
Living in Kewarra Beach comes with lots of advantages – you are neighbouring Trinity Beach to the South and Clifton Beach to the North, and only approximately 15-20 minutes from the International Airport and Cairns City. With public & private schools, shopping centres, sporting facilities, and James Cook University all in relative close proximity, the regions infrastructure & amenities leaves no desire unfilled.
Contact Simon Batt on 0400 932 229 or Matthew Pearce on 0418 708 758 for an inspection today.