Why not make a real estate investment in Cloncurry?
There are various parts of Queensland that are perfect for a real estate investment – and Cloncurry is one of them.
Situated in north-west Queensland, Cloncurry is one of the many areas to have benefited from the resources boom of recent years, which has led to widespread investment in infrastructure and services.
Its proximity to Mount Isa also makes it a wise choice for real estate investing, as well as excellent transport links to places such as Townsville and Mackay.
What does Cloncurry have to offer?
With the resources boom comes the need for high-quality accommodation for workers and their families – and this is something that Cloncurry can certainly offer.
Major investment has been made in the area over the past few years, making it an attractive place to live for people of all ages.
Take its educational opportunities, for example. Cloncurry has a number of schools and childcare facilities, making it the perfect place for families to set up home.
Among them is the Cloncurry Shire Child Care centre, which prepares youngsters for school life from a young age. This is a popular facility for parents and is held in high regard across the region.
Cloncurry State School and St Joseph's School are options open to parents with older children – they benefit from a diverse range of pupils who have moved to the area not only from other parts of Australia, but internationally.
Building a sense of community
One aspect of life in Cloncurry that appeals to many people is its sense of community, which can be witnessed through the various events that are held throughout the year.
Among them is the Cloncurry and District Show, which sees local people come together to showcase their handiwork, ranging from crafts to photography.
Other highlights of this particular event include cattle displays and children's puppet shows, all of which reflect the fact that Cloncurry is the perfect destination for people of all ages.
Another event to watch out for is the Curry Merry Muster Festival, which is typically held every year during the first weekend of August.
This is a combination of fun and rodeo action and is a great way to bring the community together.
Property supply in Cloncurry
Any potential property investor will no doubt be wondering what the supply of real estate is like in Cloncurry.
Although demand for property has undoubtedly grown over the past few years, there are still some great deals to be found for anyone looking at long-term returns.
Figures from RP Data suggest that at present, the average sale price stands at $242,500, making this a competitively priced place to make an investment at the moment.