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House prices double in the next 5 years?
Extremely tight rental market - virtually no vacancies
Mining companies resorting to booking out floors of hotels
for 3-5 years just to accommodate the influx of workers
Possibly the best property investment anywhere in Australia
Completely unaffected by floods or cyclones
By the end of this year, most owners and investors will be priced out of this market.
Comparisons have been drawn between the Super Infrastructure towns of Karratha and Port Hedland WA
where prices are more than double and rents are more than four times that of Gladstone.
The only difference is the location and the timing!
Don't leave it too late.
Some areas have had a 10% increase over the past two months and prices show no signs of slowing down.
Your Property Specialist is now available for FREE in-home consultations.
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over the phone initially
• The Gladstone housing market is predicted to go through
• The current average house price in Gladstone is $355,000
but that price is expected to rise to more than $900,000
in just five years.
• Investors are buying up Gladstone homes over the phone and
on the internet without even seeing them.
• Like Mackay and Darwin, the resource boom exploded
house prices by up to 300 per cent within five years.
Kieran Moran | April 23, 2010 - The Observer
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