The Gladstone property market recovery continues to take shape with local agents reporting an increase in enquiry for older, established homes. Over the last months, development of new product has slowed to a trickle with most large scale builders, developers and earthmoving contractors completing projects.
The Gladstone economy has been buoyed by the announcement during the first week of August that P&O intends to dock up to 5 cruise ships per year in the local port. The addition of 2000 tourists, 5 times per annum will be a significant boost to the local tourism industry, and will open up the region to many opportunities.
The announcement of the P&O stop overs comes as positive rumours circulate locally about the imminent announcement of the Arrow LNG project and QER Shale Oil project.
Additionally, local sources suggest that the Boulder Steel project, which will employ thousands, may still have life in it yet…
Watch this space!
When we say ‘established in 1980’, It leaves a note that can instinctively make the office sound like a distilled whisky. But, much like a fine aged, triple distilled whisky, Ray White Gladstone has been fermenting and perfecting our subtle notes of, great service, trustworthy market knowledge, advice and … Read more
2021 has been off to a flying start with property markets across the country experiencing unprecedented activity. Gladstone has not missed out on the action, recording the second highest house price growth in the state, again only trailing Noosa. In the 12 months to January Gladstone house prices rose 9.1%. … Read more