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January 2010 - More Growth at Powe |
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High clearances of properties sold in the office in January confirm the positive shift in market sentiment that we noticed over the past few months. More people than ever are asking our team "How's the market?" It is no secret that buyers have been holding tightly on to their cash, but they have become far more inquisitive lately, sensing movement in the market.
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New Year - New Opportunities |
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It is well documented that the Cairns economy experienced a tough year during 2009, with the slowdown of the tourism and construction industries causing a large jump in unemployment.
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November 2009 - Price Record Bodes Well For Cairns Market |
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Another record month for properties sold at Powe Property has eclipsed the existing record set earlier in the year. Locals can tell by the extra sold signs around that there has been an increase in sales activity. Although it began at the budget end of the market, this activity has been gradually washing up into higher valued properties.
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October 28, 2009 – Cairns - An interesting guide to the performance of auctions in Cairns could be a swanky penthouse in the Royal Harbour complex on The Esplanade which sold under the hammer last Saturday for $1,080,000.
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Which Cairns suburb to buy in? |
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Imagine if you bought a few houses in Cairns City in the mid 70s? You’d have had amazing returns on your investment within the first 10 years and astronomical returns by now.
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