News

A tale of two markets: It's time to buy in Gladstone

Yetty, Aileen and Marleen Sirait are very excited about their new house. Photo Mike Richards / The Observer
Yetty, Aileen and Marleen Sirait are very excited about their new house. Photo Mike Richards / The Observer Mike Richards GLA210116HUSE

The Sirait family and Faith Hutchinson don't know each other but they are new home buyers in Gladstone and they both agree that now is the right time to buy.

The Sirait family has bought a home at Kirkwood while Ms Hutchinson has bought an investment property at Barney Point.

"It's the best time to buy because you get true value for your money," Ms Hutchinson said.

"We're realistic. "There are highs and lows in the market but we're not greedy. We wanted something that was affordable for local people to rent."

Ms Hutchinson, whose property settles today, said three potential tenants had shown interest in renting her house.

Meanwhile, the Sirait family is settling in Gladstone after moving from Blackwater.

Ryan, a husband and dad respectively to Marleen and Aileen, said he found Gladstone appealing because he did not like big cities.

"I can see myself staying in Gladstone for the long term," he said.

"My family is really happy and my daughter loves the marina and East Shores.

"It was really strange, though.

"Before we moved here I contacted two agents and then all these other agents started calling to offer me houses."

The Siraits received the keys to their new home on Wednesday.

Topics:  gladstone housing, home prices, housing market, real estate




UPDATE: Hanson Rd open, Gladstone police investigate death in horror crash

A driver had died in a crash on Hanson Rd.

POLICE investigate the death of a 23-yearold in yesterday's crash.

POLICE NEWS: Thieves, drink drivers and fights on Gladstone streets

A man and woman were arrested following a police chase last night at Blacksoil.

The police had a busy night patrolling Gladstone region streets

PHOTOS: Four time cancer survivor shares story at Relay

Sunee and Trevor O'Brien at the 2016 Relay for Life.Photo Mike Richards / The Observer

Hundreds of people took part in this year's relay

Latest deals and offers

Elm Street is far from a nightmare

Elm street's new album is making waves. Photo Contributed

Elm Street talks about drumming studios, power metal and the album.

What's on the small screen this week

Keira Maguire and Richie Strahan in a scene from The Bachelor.

SEVEN gears up for the Rio Olympics while The Bachelor continues.

Drowning Pool gig review at Max Watt's

Drowning Pool played Brisbane with A Breach of Silence and She Cries Wolf at the Max Watt's House of Music.

Drowning Pool prove that 'bodies' hit the floor when they play

#SaveMarinaJoyce: How ISIS theory took over youtube channel

One young Youtuber accidentally gave rise to a conspiracy theory

Talking whiskey with Jack Daniel’s master distiller

It all comes down to the distillery

SIXTY MILES AHEAD sign with Eclipse Records, prepare new album 'Insanity'

Sixty Miles Ahead sign with Eclipse. Photo Contributed

Sixty Miles Ahead to release new album on Eclipse

Queensland's $1 town goes under the hammer today

The township of Yelarbon is up for sale.

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles