Idalia darling of regional Queensland house market

first_img Session ID: 2020-09-28:5684906fb4ae3ccad412c2e3 Player Element ID: vjs_video_1192 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen00:00TOWNSVILLE has emerged as a star performer in regional Queensland, with four suburbs recording double-digit growth.REIQ has revealed the 68 suburbs that recorded double-digit growth in the 12 months to June.Twenty-seven of those 68 top-performing suburbs were outside of the southeast, with Townsville dominating the regional listings.REIQ CEO Antonia Mercorella said Idalia (+21.3 per cent to $485,00 as of June) was a rapidly expanding suburb, located just 10 minutes from the Townsville CBD, and offering access to shopping centres, restaurants, beautiful landscaping around parks, lakes and the Ross River. It is dominated by older houses and luxury new homes, with properties ranging from the “low to mid $300,000s” to over $1 million.“Idalia in Townsville ranks 11th on the state list and first on the Townsville LGA list,” she said. The other Townsville suburbs to make the top 68 were Rasmussen (+19.9 per cent), North Ward (+15 per cent) and Railway Estate (+10.1 per cent). Keyes and Co Property agent, and former Townsville city councillor, Tony Parsons said there were suburbs doing well, and others still struggling, but there were positive signs in the local property market.He said Idalia ticked a lot of boxes for families, but he was not surprised by the city’s other top suburbs with two of them “fringe suburbs” of the new stadium under construction.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“North Ward and its proximity to The Strand speaks for itself, and Railway Estate has some of that character housing stock that many couples are keen on, those reno jobs.”As for Rasmussen, the suburb has benefitted from a number of new housing estates including a Defence Housing Australia development, and the duplication of Riverway Drive. Mr Parsons said buyers could still get a bargain. In The Whitsundays region, only Collinsville made the list, taking out third spot overall.Ms Mercorella said Collinsville recorded an annual capital growth for houses of 46.2 per cent, taking the median sales price to $95,000 in June.Other regions reporting at least one suburb on the list were Bundaberg, Toowoomba, Banana, Charters Towers, Fraser Coast, Gladstone, Isaac, Livingstone, Mackay, Rockhampton, Scenic Rim, Somerset and Western Downs. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality LevelsAudio TrackFullscreenThis is a modal window. The Video Cloud video was not found. Error Code: VIDEO_CLOUD_ERR_VIDEO_NOT_FOUND Queensland’s most searched for streetscenter_img MORE NEWS: Buy an entire town ‘cheaper than a house’ Own your own slice of ‘puppy heaven’last_img read more