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The Cairns residential property market remains steadfastly at the bottom of the property market cycle, and while there is light at the end of the tunnel, it is not expected that big things to happen in the market during 2012.
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Rental vacancy rates remain tight with the Herron Todd White December Rent Roll Survey showing a trending vacancy rate of 2.6% compared with a vacancy rate of 3.4% for the same period in 2010.
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January 2012 sees Powe Property welcome Kendall Booth-Thomson to the team.
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2011 Review - Cairns Property |
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The Cairns property market has, in a word, struggled, during the course of 2011, more so than was envisaged at the start of the year.
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2011 Review - Townsville Property |
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Overall, Townsville’s residential property market performance throughout 2011 is best described as lack lustre.
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