CAIRNS PROPERTY TIPPED TO REBOUND
THE Far North's housing market is still soft but agents say the next three months of the new financial year will see the start of fresh activity.
There are hundreds of properties on the market this weekend, ranging from a $60,000 studio apartment on the edge of the Cairns CBD to a $4 million-plus plantation-style beach house at Trinity Beach.
Real Estate Institute of Queensland Far North zone chairman Rick Szelpuk said July, August and September were traditionally good selling periods.
"It’s the new financial year and in July, August and September we should see a bit of a spurt," he said.
Mr Szelpuk said accountants advised their clients that it was good to start buying after the start of the financial year.
He said the lower end of the market, such as units was very slow, and first home buyers had quietened
