North Ward units on the move

first_img“The market in North Ward has continued to improve since the election with more interest from out of town buyers than I’ve have seen before as an agent,” Mr Watson said. “I have had a number of examples of multiple offers in the past 30 days for units and two units have been sold sight unseen.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 2020 Low stock creates local sales surge READ MORE “I have a number of other interested parties now looking for similar units and I’m actively searching for similar listings.“The apartments at ‘Magnetic North’ have been very popular with two previous sales in the complex this year.”Mr Watson said he had been seeing increased interest from buyers and investors in the suburb in the last few months. center_img This apartment at 15/56-58 Mitchell St sold for over $500,000 with a week on the market.A THREE-bedroom apartment in North Ward has been put under contract after a week on the market speaking to the demand for units in the suburb.Principal at North Ward Realty Tarquinn Watson, who sold the apartment at 15/56-58 Mitchell St for over $500,000, said it attracted plenty of interest. “Unit 15 was only on the market for one week before receiving a cash unconditional contract close to asking price,” Mr Watson said. READ MORE Enjoy rare luxury by the beach “There is growing excitement about new developments and projects in the inner city and a clear shift in market confidence.”Mr Watson said he expected the increased demand to drive prices upwards for units in Townsville City over the next few months. “I believe 2020 will bring the most positive start to the real estate year for 5 years plus,” Mr Watson said. “Growing employment opportunities will continue to bring more people to the inner city. “Apartments in many complexes in the inner city are selling at a higher level than the last sale in the complex and I expect this to continue.”last_img

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