A Townsville suburb has been named among Queensland’s most popular locations for house sales in the latest property report.
Sales data recorded by InfoTrack found Kirwan recorded the tenth highest number of transactions for houses of any suburb across the state between 1 April and 30 June. Kirwan’s abundance of facilities, including a sports stadium, recreational park, memorial garden, and council library, along with a well-established community of both primary and secondary schools, makes it an ideal place for families.
InfoTrack’s Head of Property Australia, Lee Bailie, said the Property Market Update Q2 2023 showed once again that regional locations were popular among Queenslanders looking to purchase houses. “Not only did Kirwan make the top 10 but we saw the Central Highlands town of Emerald named the third most popular location for house sales last quarter, and the Central Queensland suburb of Gracemere came in at number six,” Mr Bailie said.
“Our data shows the Moreton Bay suburb of Caboolture has returned to the number one spot for the most popular suburb for house transactions, after losing its crown for the past six months to the Sunshine Coast’s Buderim, which fell to fifth place.”
Mr Bailie said it was easy to understand the appeal of regional living.
“All of the top 10 suburbs for house sales last quarter hailed from Southeast Queensland, but from April to June, we’ve seen more diversity in the areas of Queensland represented in the list which is nice to see,” he said.
“InfoTrack has been recording property sales data for more than 20 years, and in the last few years, we’ve seen the consistent trend of Australians moving away from cities to regional areas where families can potentially get more value for their investment,” he said. “The recent development of hybrid or remote working also means more and more Australians have the option to live away from cities.”
In June, InfoTrack also saw some of the busiest search activity of the year on its InfoTrackGO site, where prospective buyers can order Title Searches and conduct their own research into a property or suburb they’re interested in purchasing.
The full report can be viewed here.
