Good news for anyone looking for a home or investment property,

Good news for anyone looking for a home or investment property, with affordability up for the fourth consecutive quarter and conditions steadily improving.

The HIA-Commonwealth Bank Housing Affordability index*, has improved again to a level that is 8.3% above the level in December 2010 due to;

• Low lending rates
• Continued earnings growth
• Modest increases in the median selling price

When you add motivated sellers and discounted properties into the mix, there are some ripe opportunities available for investors and homebuyers looking to take action.

CLIFTON BEACH LAST REMAINING 1.75 HA LAND – 200 M FROM THE CORAL SEA

Attention investors/developers this is a unique opportunity to buy residential land just 200 meters walk from the beach. On this unique 1.75 hectares of pristine partly cleared native land, a former tropical fruit farm, you will find a 3 bedroom home with pool in need of doing up. This land provides an acquisition opportunity of former fruit farm that operated in Clifton Beach for many years and has been slowly sub-divided to this final portion. The Residential Zoning provides you with a number of options such as your residence to build or multiple houses - guest houses/holiday pavilions is a possibility with Cairns Regional Council approval. For more information or private inspection please contact: Nick Jacobs Mobile: 0432 029 699 Fax: 07 4027 9632 Email info@australianpropertyinvestment.com

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