Cranbrook properties held near and dear

first_img Idalia springs back to life with buyer demand This house is on the market at 11 Angela Court in Cranbrook for $275,000.CORELOGIC data has revealed rugby isn’t the only thing Townsville residents hold dear with properties in more than half of the city’s suburbs held onto for more than a decade.Cranbrook is the tightest held suburb in Townsville with units in the area off the market for 16.7 years — so if you’ve missed out on buying your dream house in the suburb you best move on. READ MORE Land sales heat up at Townsville’s Haven Estate This house is on the market at 11 Angela Court in Cranbrook for $275,000.Explore Property Townsville agent Jan Lee has been selling properties in Cranbrook for over four decades and said it had always been popular among buyers.“A lot of investors and first homeowners are interested in the suburb,” Ms Lee said. “I’ve been in real estate for over 42 years and I’ve never had an issue selling properties in that area. “I think the main attraction for people is that it’s very central and has a lot of good schools and shops close by.”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 2020Houses in Thuringowa Central are also well loved with buyers keeping them for an average of 15.8 years before reselling.Houses in Belgian Gardens, Heatley, Castle Hill and Pimlico were all also held by buyers for over fourteen years on average. The Townsville suburb with the highest turnover rate for properties was Cosgrove which is most likely the result of it being a newly established estate. Shaw had the second quickest turnover for houses, with Corelogic recording an average hold period of 3.7 years. center_img READ MORElast_img

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