Bargain-hunters urged to get in quick with FNQ property prices tipped to rise

THE Far North remains a bargain-hunter’s dream for regional real estate, with many quality deals available at both ends of the market.
Cairns property prices have barely moved in years, although this is expected to change in 2018 amid sustained growth in tourism and employment figures.

REIQ Cairns zone chairman Tom Quaid said the region’s property prices still favoured buyers.

“While the general consensus is that the Cairns property market is poised for growth in 2018, the region remains a generally affordable regional hub with bang for your buck available and a median house value of a bit over $400,000,” he said.

“From a practical perspective, and with a focus on those looking to get into the market for their first home, with the current low interest rate environment taken into account, there are some great opportunities on offer.”

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