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Rush to buy beachside before it s too late | Ballina Shire Advocate

Rush to buy beachside before it s too late

Rush to buy beachside before it s too late | Coffs Coast Advocate

Surge in demand leaves family on brink of homelessness

Premium Content Subscriber only DESPERATE would-be tenants hoping to secure a rental property in Ipswich have been forced into unofficial bidding wars. The shocking revelation, however, may not come as a surprise to some amid reports Ipswich and Brisbane are facing the tightest rental market in the past decade. Sadly, increased demand and a lack of vacancies often results in 20-plus applicants fighting it out for one property. Mother-of-four Lee Ibberston and her partner Scott were among some of the residents left struggling to find appropriate housing. The family was forced to seek alternative shelter after their last property became unliveable.

The Whitsunday town where house prices are on the rise

Premium Content Subscriber only House prices in Bowen are on the up while units across Airlie Beach and Cannonvale are inching steadily closer to previous highs. The December Real Estate Institute of Queensland market report found across the Whitsundays, more than 450 homes were sold in 2020. Of these, 372 were houses under 2400sq m that sold for an average price of $350,000. This was only a marginal 0.7 per cent boost from 2019 sales. Buyers with their eyes on Bowen snapped up 125 of these properties for an average price of $268,500, which was a 7.4 per cent bump from 2019. More than 450 houses were sold across the Whitsundays in 2020. Picture: File

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