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Cairns Market Report - July 2009 |
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When the global financial crisis started early in 2008, most Australian real estate investment buyers put away their cheque books. Because Cairns is such a popular holiday destination, a high proportion of properties here are owned as residential investments, so when investors disappeared the slowdown flowed right through to the owner occupier market.
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New Property Sales Strategy
We have now implemented a new property sales strategy to speed up the sale of properties and to give them a competitive edge amongst a crowded market.
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Trinity Wharf sets sail for $1b revamp |
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Elaborate plans for a Trinity Wharf makeover worth well over $1 billion have been revealed.
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Seachange cities to reinvent themselves |
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Selected coastal cities in Australia, including Cairns, will reinvent themselves over coming decades as strong population growth and new households trigger a surge in the demand for new dwellings, according to a recent KPMG study on Australian housing.
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Cairns Market Report - June 2009 |
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Since the global financial crisis began early last year most cashed up buyers have been holding back and watching the Cairns property market closely for the right time to buy. Little was selling, but that was until recently. The market dynamics have been moving in the right direction for those looking to put their name on a slice of Cairns real estate. The number of our sales has jumped, demonstrating that many buyers are deciding with their cheque book that now is the time to buy.
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