Top 5 property investment spots in the Gympie region
Starter real estate opportunities, from beautiful Rainbow Beach to rural Curra - here's our pick of the best.
LONG adored by nature lovers and four-wheel-drivers, Rainbow Beach has bewitched many with her splendid, multicoloured sand cliffs standing proudly over rolling surf and long white sandy beaches. With its proximity to the Heritagelisted Fraser Island, Rainbow Beach is a testament to the variety of the beauty of the Gympie-Cooloola region. The relatively tiny township has an interesting mix of rural hideaways, stunning apartments with ocean views and well maintained modern homes, making it a place of choice for those wanting to be close to facilities while retreating to a beach paradise. This is why it continues to have some of the highest rental returns for the region.
THIS area continues to offer affordable acreage lifestyle 10 minutes from Gympie, making much of its potential for entry-level property investment. In this charming rural/residential setting of hills graduating to highlands and breathtaking views of the countryside and the Mary River, a well maintained three-bedroom house can be bought for mid-$300,000s and rented out for at least $270, according to REIQ research.
THIS suburb, named by a prospector after a town in Scotland, ticks all the right boxes for real estate and locations, just south-east of Gympie's CBD and on the bank of the majestic Mary River. According to realestate.com.au, you can buy an average three-bedroom home here for $212,000 and rent it for $255 a week - potential for a solid investment, especially considering the size and layout of many of these properties.
KNOWN for years as Queensland's Golden City, Gympie is proving it's not just because gold was discovered here. Gympie is also holding its own in regards to real estate. As Gympie Regional Realty Principal John Cochrane says, Gympie is a solid area which is self-supporting and that attracts investors to the area. "It is definitely the right place to get a good start in real estate," he said.
SHOWING itself as the place to buy in Gympie, Southside is well positioned on the bank of the Mary River. It is known for the Gympie racecourse and the Adrian McClintock Park Showgrounds, but the real estate is pretty memorable as well. At $200 a week on average, rental prices are definitely up there. Estates such as Willow Grove continue to be sought-after locations for their views, breezes and well sized blocks.