Townsville continues to be a bargain buyers domain

first_img35 Cope Street, Stuart is one of Townsville’s best bargains at $248,000TOWNSVILLE’S buyer’s market continues to prevail throughout the first quarter of the year with plenty of bargains to be had in both the house and unit market.Fringe city suburbs still offer plenty of bargains under $250,000, which allows first home buyers to enter the market for an average mortgage repayment of $324 a week.That is despite the average median house price across Townsville rising 4.6 per cent.At a median sale price of $186,500, Stuart is Townsville’s cheapest suburb for houses, followed by Balgal Beach ($230,000) and Heatley ($239,000). This property is the perfect retirement home or beach getaway with large veranda’s front and back to capture the cool ocean breezes. Best of all,15 Tracey Street in Balgal Beach will only cost you in the mid $200,000“We’re seeing a real good cross-section of people buying,” he said. “We’re seeing more first home buyers in the established housing market but there are also downsizes, home buyers that are upgrading and a lot of renovators. In that sense it makes sense that the older, fringe suburbs are popular.“A lot of renovators want raw houses and our market allows them to pick them up for around $200,000 or less.“They then renovate to sell for a profit once the market picks up.”Townsville’s unit market also continues to be a buyer’s domain with the quarterly median price steady at $260,000, no change from the September quarter.Listings have dropped 4.2 per cent for the 12 months to November, representing the largest fall in unit listings throughout the state. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 202037 Weaver Street, Heatley is the ideal home for those looking to join the property market and are not afraid to get their hands dirty. Listed in the low $200,000s, home sits in a handy location and comes with a great size yard, powered shed, storage under the house and spacious living for the family.Those looking to acquire a unit will find the cheapest offerings in Hermit Park with a median sale price of $160,000.West End follows with a median unit sale price of $173,000 and Garbutt $192,500.Real Estate Institute of Queensland Townsville zone chair Damien Keyes said people from all walks of life were buying into the market.last_img read more

United inch closer to Wembley final

first_imgMeanwhile United discovered their FA Cup fourth round opponents last night. They’ll welcome Championship strugglers Wigan – managed by former United coach Warren Joyce – to Old Trafford. Elsewhere, Arsenal will be away to either Southampton or Norwich. And if Liverpool sees off Plymouth in their replay, they’ll take on Wolves at Anfield in round 4. The biggest chance for romance in the draw will see League Two side Wycombe travel to eight-time winners Tottenham. They welcome Hull to Old Trafford in the first leg of their League Cup semi final. United boss Jose Mourinho has won the trophy three times during his spells with Chelsea, and would love to do the same for his new club. Kick off at Old Trafford is at 8.last_img