All About Cassowary, Douglas, QLD, 4873

Cassowary, located in the Douglas Shire of Queensland, offers a unique housing market characterized by its blend of rural serenity and proximity to popular tourist destinations like Port Douglas and the Daintree Rainforest. The housing options in Cassowary range from charming Queenslander-style homes to modern builds with expansive land, often appealing to those seeking a tranquil lifestyle amidst nature. Over the past few years, the real estate market in Cassowary has witnessed gradual growth, driven by its appeal as a peaceful retreat and its increasing popularity among buyers looking for affordable properties compared to more tourist-heavy areas. Despite its serene setting, Cassowary remains within easy reach of essential amenities and services, making it an attractive choice for both retirees and families seeking a quieter pace of life.

Living in Cassowary offers residents a unique lifestyle where community and nature intertwine seamlessly. The area is known for its lush landscapes, native wildlife, and a close-knit community that values sustainable living and environmental preservation. Life in Cassowary typically revolves around outdoor activities, with ample opportunities for hiking, bird-watching, and exploring the nearby wonders of the Great Barrier Reef and the Daintree Rainforest. Residents enjoy a slower pace of life, away from the hustle and bustle of city living, yet they benefit from the convenience of nearby towns that provide shopping, dining, and medical services. The sense of community is strong in Cassowary, where local events and gatherings foster friendships and a shared appreciation for the region's natural beauty.

Cassowary Real Estate Market Outlook

Thinking about buying in Cassowary? Now could not be a better time, with just 146 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $839,000 with prices in this suburb ranging from $399,000 to $1,191,000. Cassowary is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Cassowary there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Cassowary is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Cassowary changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Cassowary necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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General Points of Interest

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