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



Woman faces court after alleged text-driving fatality

Bianca Hope Yule faced Rockhampton Magistrates court this morning charged with dangerous driving causing death or grievous bodily harm.Photo Chloe Lyons / The Morning Bulletin

The charges come after a fatal crash in Kabra on June 17.

State's new smoke-free laws kick in today

BUTT OUT: From September 1, 2016 the minimum penalty for breaches of the state's new smoke-free laws will be $243, up to a maximum of $2,438.

The new smoke-free laws from September 1 will be...

How did this Central Queensland man come to die?

A still image of Janay Rd in Kabra, Central Queensland

The body of the man was found on Wednesday

Local Partners

Love is in the air on The Bachelor, but not for Kiki

The Bachelor Australia contestant Kirralee 'Kiki' Morris.

BACHELORETTE bows out gracefully as show enters its final weeks.

A $65,000 bathroom? The Block's incredible budget blow-outs

The Block contestants Julia and Sasha spent a whopping $65,000 on their first renovated room.

TEAMS deliver most expensive en-suites in reno show's history.

Gympie Muster couch dumps down, but still a problem

TIPPING POINT: After an appalling year of couches being dumped at the end of the last Muster, festival organisers have taken litterbugs to task

EFFORTS to combat post-Muster couch dumping are proving effective

Rockhampton author celebrates publication of second novel

Shelley Russell Nolan with her first published novel, Lost Reaper.

Shelley Russell Nolan never gave up on getting her books published

Cryptic crosswords: Top clues to solving them

Your guide to solving the cryptic crosswords in your local paper

How high? Twin 20-storey high-rises plan for "over 50s"

A development application has been lodged with the Fraser Coast Regional Council to build two skyscrapers in Hervey Bay.

Developer says Bay needs to move with the times.

City View Hotel: From a pub to a backpackers

NEW LIFE: Hamish Parker has purchsed the City View Hotel and wants to turn it into an accomodation venue.

Architect picks up a little piece of history for a steal

Bunnings starts demolition of historic foundry buildings

SAWTOOTH GONE: Demolition of Foundry sawtooth shed to make way for new Bunnings building.

Lane and footpath closures will take place

Australia's most expensive balcony and it hasn't been built

Viridian Noosa.

How Noosa millionares' squabble could affect body corporates

Receivers move in on Springfield's 'Tower of Power'

The 10-storey tower at Springfield is up for sale with interest high in the iconic structure.

Interest high in iconic 10-storey office building

Palm Lake Resort set to move in to Coast with 276 villas

Palm Lake Group has been given approval by Sunshine Coast Council to build a 276-villa over 50s resort and 120-bed aged care facility at the intersection of Caloundra Rd and Caloundra Mooloolaba Rd in Little Mountain.

New facility planned for Caloundra Rd