Regional Queensland continues to offer some of the last affordable real estate opportunities in Australia, with prices still accessible in cities like Gladstone, despite the growing demand. While many larger regional centres, such as Rockhampton and Bundaberg, are seeing a tightening market, Gladstone remains a standout for buyers and investors seeking lower entry points.
In Gladstone, buyers can still find properties under $250,000, particularly smaller units. The suburb of South Gladstone has experienced significant growth, with unit prices jumping 41% in the past year. Despite this surge, the median price of $240,000 for units presents a viable option for first-home buyers or investors, offering an impressive rental yield of 8.4%. These kinds of returns, combined with the area’s affordability, are drawing interest from both local and interstate buyers.
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