Top 5 property investment spots on the Fraser Coast
Sea breezes, ocean views set the tone for the most promising properties. Here's our pick of the top 5 areas for investment:
THIS village continues to remain the coastal place of choice for many local home owners, especially considering its current $450-a-week rental return. Given the beautiful beach, access to minimum quarter acre blocks and some stunning and well designed homes, it is no wonder this continues to be popular. REIQ CEO Antonia Mercorella reports steady sales volumes in the unit market on the Fraser Coast.
EXEMPLIFYING the very best of family living in Hervey Bay, Wondunna boasts some extraordinary residences that would satisfy the most discerning buyers. This area boasts well thought out designs on display as well as larger blocks. According to REIQ research, $400 a week is the standard rental return. Wondunna is close to the airport and, like all of the Bay, not far from the beach.
WHEN you have streets with amazing sea views stretching to Fraser Island, you know it is going to be popular, and that is the case in Urraween. This peaceful suburb has an interesting mixture of homes, some of them quite significant in size with decks overlooking well maintained gardens. As well as being well placed close to shopping and medical acilities, Urraween is also a popular retirement area.
CONSIDERED both a residential and retail suburb, Eli Waters is well situated on Eli Creek, a protected tidal canal with easy access to the Bay. When the new shopping centre opened at Eli Waters in 2007 it seemed to go hand in hand with many of the new housing developments and offered the suburb greater exposure - it's the first neighbourhood centre people see as they enter Hervey Bay.
OCEAN views - check. Sea breezes - check. Craignish is one of those areas that allow real estate investors to tick plenty of boxes, and you can add stunning homes to the list. There is also a mixture of older-style coastal properties, but Craignish continues to achieve property prices over $600,000, especially in streets such as Straits Outlook which have gently sloping blocks with views.