News

Rocky red hot for real estate boom

Dan Withers from Ology Real Estate stands in front of one of the properties his agency is selling at Norman Gardens.
Dan Withers from Ology Real Estate stands in front of one of the properties his agency is selling at Norman Gardens. Allan Reinikka

A NEW national property report has identified Rockhampton as one of Australia's top spots to invest.

And Ology Real Estate principal Dan Withers reckons the report is on the money.

The inaugural Fast 50 report from leading property resource Smart Property Investment has highlighted the top Australian suburbs geared for capital growth in 2012 - with Rockhampton emerging as one of the hottest investment locations.

Dan said 2012 had already kicked off to be a great year for investors in the city.

"It has definitely been going great, 2012 for us so far has just exploded, we've been so busy in the last few weeks already," he said.

"But comparing the market to last year, it has definitely bounced back."

The local property market was recommended by two of the seven real estate experts who collaborated with the leading property title to create the report - TV personality and property expert Margaret Lomas as well as NextHotSpot director Luke Berry.

As one of the State's major hubs of development, Mr Berry said Rockhampton's property market was primed for investment.

"While the scale of investment is less than at Gladstone it is still significant and (Rockhampton) boasts several cheap areas, such as Berserker, that are set to boom," he said.

"This is a 'buy now and wait for three to five years for some action' (strategy)," she said.

 

TOP SPOTS

The 2012 Smart Property Investment Fast 50 suburbs for Queensland are:

  • Moranbah
  • Dysart
  • Chinchilla
  • Roma
  • Toowoomba
  • Oakey
  • Gladstone
  • Rockhampton
  • Woolloongabba
  • Bowen
  • Emerald

Topics:  property, real estate, rockhampton




Woolworths to sack 500 staff, close dozens of stores

This is despite the supermarket earning $2.5 billion for the year.

REVEALED: Rockhampton’s secret society...

A glimpse into Rocky history

LISTEN: Daily petty theft adds up for local business

NOT HAPPY: Vizes City News manager Jono Proposch says snacks and other goods, like this mobile phone power bank, get stolen every day.

Local small business forced to recover costs of daily petty theft

Latest deals and offers


Your Chance to Win

A Holiday to Kingfisher Bay!
Learn More

48 HOURS ACROSS THE REGION

BOOTCAMP FUNDRAISER: Gracemere woman Nicole Parlett is fundraising this weekend to trek the Kokoda Trail in September in a bid to raise funds for Beyond Blue and tackle the stigma surrounding mental health.

What's On in CQ region this weekend

Taylor Swift's ex throws support behind Kanye West

Calvin Harris shares a sing-along with Kanye West

Michael Jackson's jailed doctor wants his license back

Conrad Murray wants his medical licence back.

Pokemon Go: "Trading" on the horizon as game evolves

No Caption

Pokemon GO players will soon be able to trade with other trainers

Bindi Irwin: ‘I’ve lived 10 lives in one lifetime’

Bindi meets her fans.

SHE'S just turns 18 but Bindi's life has been full of experiences

Rockhampton cook through to MasterChef semi-final

FAMILY:MasterChef semi-finalist Harry Foster pictured with his mum Ria McClelland.

Harry Foster through to MasterChef semi-finals.

Pop icon and former Neighbours star buys into Byron

Singer Natalie Imbruglia. Supplied by Sony Music Australia.

Former actor turned pop singer joins Byron celebrity rush.

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

Iconic Denison St building sold for close to $1M

The Swan Hotel building in Denison St.

ONE of Rockhampton’s most iconic buildings has been sold

Unique Rockhampton bar hits the market

HOT PROPERTY: Cuban themed bar Chango Chango is up for sale.

Popular Rocky bar hits the market.

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd