The three-bedroom two-bathroom unit 12/216 Oaka St is on the market for $185,000 with LJ Hooker Gladstone.
The three-bedroom two-bathroom unit 12/216 Oaka St is on the market for $185,000 with LJ Hooker Gladstone.

'Improving almost daily': Report shows property market shift

GLADSTONE'S property market is perfect for investors, according to Herron Todd White's October report.

The report indicates the market is in the early stages of recovery.

Values at affordable lows and increasing rents make the market a great opportunity for investors, the report said.

Ray White director Andrew Allen said he had been seeing a rapid improvement in the number of investors in the ­region.

"Getting them to commit is still difficult, but people ­definitely have their eyes wide open to the opportunities in Gladstone," Mr Allen said.

Raine & Horne principal Mark Patton said investors were taking advantage of the region's price point, with opportunity for growth.

And with investors coming to the region, Mr Patton is positive about the future.

"We scratched the bottom and our market is improving almost daily," Mr Patton said



News you need: 28 days of digital access for free

News you need: 28 days of digital access for free

If you want the paper delivered as well it's just a $1 a day

Council election: Figures point to final eight

premium_icon Council election: Figures point to final eight

It's likely every councillor who opted for re-election will return.

Council’s plan to keep essential services going

premium_icon Council’s plan to keep essential services going

The comprehensive contingency plan aims to ensure essential services of water...