Edge Hill looking South to Cairns from the Red Arrow
To know more about Edge Hill click here

Cairns property has not followed the post GFC price increases witnessed in southern parts - particularly in NSW, Victoria  and  Darwin.

There is currently an oversupply of developer stock on the back of several companies falling  into receivership and investors who bought at the height of the 2007 boom have either to sell at a loss or hold until the Far North economy and property values improve.  Most  owners and investors appear to have decided to hold for the upturn, with a number of apartments  having been on the market for well over a year or  removed from listings altogether.

The price of investor owned apartments that are still listed remains high on a square metre basis and on a dollar for dollar basis vis a vis house and land sales. 

Despite the relatively poor supply and high demand for houses in Cairns, their recorded sales price  remains depressed. 

Owners  and property investors looking towards  Cairns would do well to take advantage of the current disconnect that exists between apartment and house values.

 Our 12 m RTA Leases are not due for renewal until late 2010, early 2011

 

 
PropertyHouse.com.au  

Is a small family partnership with interests in property (in the private sector).  We are not real-estate agents and have been selling down properties that we have owned for several decades.  We no  longer self manage any short term holiday  rentals

We manage and write our own fixed term residential leases under the relevant state authority

Queensland rentals come under the aegis of the RTA. The RTA  outlines the rights and responsibilities of all parties in a  rental agreement. Their office can be contacted on 1300366311 or you can visit their website at: www.rta.qld.gov.au

Machans Beach ... gently hugs the coast between the foothills of  the Great Dividing Range and NQ's Wet Tropics Rainforest and the Great Barrier Reef. As Barron River Beach it was Cairns very first local beach .......  read more  We have no Leases available in Machans at the present time

       An Investment that rewards effort and hard work     

For an Australian, tax deductible Donation that is certain to be well spent have you considered CO-ID (Co-operation in Development) ?

Fred Hyde is a remarkable Queenslander and CO-ID Australia is a registered Australian charity that builds and operates schools on Bhola Island in Bangladesh. Fred is from Warwick in Queensland, and over a period of 3 decades he has overseen the building of 41 schools in  Char Fassion.

We funded School number 37, which we continue  to support each year. It was completed in 2008 and is now fully enrolled with 300 children and 4 teachers - that is, with a teacher-child ratio that would challenge western teachers everywhere  . ... but  which shows that the children of Bhola are clamouring to go to school,  and that we all value best what we work hardest to achieve.

CO-ID's most recent school , # 41,  was opened by the Australian High Commissioner on 9th of May 2009.

By way of saying thank you to Australia the young people  of Bhola Island, one of the poorest regions in the world,  managed to raise in return - taka by taka - the equivalent of one and a half  year's adult wage . Their generous donation was made on behalf of the Australian Bush Fire Appeal and went towards assisting those who suffered such devastating loss in the Victorian bush fires.

For more information see CO-ID's  website at http://fredhyde.org/