Whitsundays Real Estate
Whitsundays real estate is popular among overseas investors with a number properties approved by the Australian Foreign Investment Review Board (FIRB). If you're interested in securing your slice of Whitsundays real estate do it now before it is too late.
You can pick up a unit near the beach for about $350,000 and your standard three bedroom family home will cost about $400,000 - 500,000 - much the same as on the Gold Coast.
A 6-bedroom luxury waterfront front home "Whitehouse" which sold to an undisclosed buyer for $5.25 million, beating the previous record of $3.75 million set in May 2005. Not cheap, but some would say it's a bargain when you consider the location in one of the world's most beautiful tropical paradises.
The Whitsundays have experienced strong growth sea view properties in the last five years, underpinned by provision of major new public infrastructure. This has been in response to strategy development and implementation from a combination of combined tourism interests, the local community, local authority and state government.
From a comparatively low cost base, the investment/lifestyle real estate success of Byron Bay, Noosa, Port Douglas and similar areas is being repeated in Airlie Beach as high profile and experienced developers continue to acquire a stake in the town.
Twenty-one beachfront bures at the exclusive Peppers Palm Bay resort on Long Island in the booming Whitsundays are to be offered for sale to investors.
This follows the successful sale last year of 15 elevated ocean-view land lots atop the tropical island resort by Palm Bay owners NDH Developments Pty Ltd. The blocks of land sold for between $280,000 and $499,000.
Whitsunday real estate is a possession that always sort after with prices seemingly being quite reasonable to most people, it is best to find your own peace of paradise before it goes!
