04 November 2011


Townsville buyers have expressed record registrations for today’s Auction Extravaganza at Condon as the Reserve Bank of Australia announced a .25 percentage drop in interest rates. “Townsville’s property market is showing clear signs that buyers are returning to the bidders circle”, Rapid Realty Townsville Principal Director Mr McLeod said. “The perception of buyers is the market has reached the bottom of the property cycle”, Mr McLeod said.

Townsville auction clearance rates have been languishing below 50% but increasing enquiries, offers and pre-auction registrations are clear signals that buyers are expressing a more confident mindset. With further interest rate easing expected by the RBA over the coming reporting period in addition to the .25 percentage points drop on Melbourne Cup Day, it is an anticipated more buyers will return to the more stable property market. This return of property market confidence could be influenced by the equity markets continuing to behave with inconsistent uncertainty and US and Europe financial markets continue to show signs of imploding.

Radio Talkback Host and Rapid Realty Townsville’s Auctioneer, Mal Charlwood said; the “Auction Extravaganza will have a festive atmosphere with high pre-auction registrations and cashed up buyers are excited about winning a successful bid under the hammer”.

Today’s Auction Extravaganza at Condon includes a fund raising event for the Queensland Cancer Council with prizes being offered by Townsville building contractors, mortgage lenders, wealth advisors and real estate professionals. The pre-auction activities kick off at 3.00pm and the main auction of the 4 bedroom house on large block of land at 39 Teal Street Condon will start at 4pm.

For more information or enquiries please ph 4771 3600

27 October 2011

Grand 6 Bedroom Home with Pool

This grand 6 bedroom 2 level Queenslander is located conveniently to schools and shops in Mysterton only 5 minutes to the City.

Situated directly opposite childcare and church, this unquie home would be suitable for an academic or professional family. This gorgeous property is fit for a queen featuring:

* Large master bedroom with en-suite and walk through robe
* Sewing room/change room
* 4 guest bedrooms with built-in robes all air-conditioned
* Main guest bathroom with spa bath
* Front breezy deck and splayed staircase
* High cathedral ceilings and designer architraves

* Large 2nd bedroom with spa en-suite and built in robe
* Large open plan kitchen, dining and lounge opening to swimming pool
* Library/waiting/study room
* Study nook and book repository
* 3rd shower and toilet
* Large internal laundry
* Split system air-conditioning
* Polished timber floors throughout
* Internal polished timber stairwell
* In-ground swimming pool
* Entertainment area and patio
* Large yard and established gardens
* Double lockup sheds
* Carport accommodation for 4 vehicles
* Fully fenced

With such an abundance of lifestyle features so close to shops, schools and transport, this grand lady of Queenslanders is treasured asset in the Mysterton area of Townsville.

17 October 2011


Make and Offer to Purchase - Situated only 45 klm to the heart of Townsville City and a short stroll to the beach and waterfront, this tidy, clean and cool 2 bedroom beach house is located in a quiet and friendly fishing village only 400 metes to the water.

As a priceless lifestyle opportunity, the vendor is not able to decide on a suitable price and was wondering if a serious buyer could get the discussion started with an offer.

Positioned on a slightly elevated block, this property could be an excellent lifestyle for the adventurous traveller seeking peaceful retirement or an urban professional looking for a great weekend getaway for the kids and family to enjoy on the door step to the seaside fishing and boating playground.

When you are tired and exhausted from the beach and water, you can return to your own comfortable home and relax on your breezy front veranda with BBQ and coldie or lay back in the air-conditioned living room for a good night’s rest.

With a generous size block, you have plenty of room to grow your own tropical fruit just like the massive paw paws ripening and ready to eat as we speak.

The dwelling itself is serviced by town water, bitumen road and electricity and is constructed from steel with 2 bedrooms, open plan kitchen, dining and lounge with bathroom.

Fulfil your dream today and contact your friendly agent Aaron for more information on 0414 590 110. A Sustainability Declaration is available upon request.

14 October 2011

For Sale - Fresh Renovated 2 Bedroom Unit

3/90 DEARNESS STREET GARBUTT - Auction Sat 29-Oct-2011 4pm
This freshly renovated ground floor unit is located only minutes to the Strand, City and Airport, close to shops, schools and parks. With such convenience to everything, owning your own tidy and spacious unit is an excellent achievement for the first home buyer and lifestyle investor.

The lovely property features:

* 2 bedrooms with built-in wardrobes
* New kitchen and appliances
* New floor coverings throughout (tiled living areas)
* Tasmanian Oak feature wall
* New split system air-conditioning to living and ACs in the bedrooms
* Private courtyard with shade cover and lawn
* New bathroom and toilet fittings
* Lock up garage with secure internal access
* Internal storeroom and laundry
* Convenient guest parking

This contemporary design home would be suitable for the professional person or couple or fly in fly out worker.

Contact your local agent Aaron on 0414 590 110 for a viewing today.

Offers will be considered before Auction.

16 September 2011


Radio Real Estate went to air today on Townsville Radio 103.9 Four Triple T . Mal Charlwood, who is a Licensed Real Estate Agent and Auctioneer, has commenced a live talk back show to allow the listeners to phone in and ask questions regarding all aspects of buying and selling real estate.

Mal said “ the show aims to separate the facts from the myths about buying and selling real estate”.

The educational forum is softened with some humorous reflection by Mal of his experiences in the world of listing and selling real estate over the past 40 years.

Anyone who might have any interest in real estate should not miss this informative and free community service.

The first show this morning was well received with the phone running hot even after Radio Real Estate had finished.

Four Triple T radio station compare Clive Simpson said; “We believed that the show would be successful but the response was overwhelming”.

The show will air every Saturday morning straight after the News at 9.00am.

Contact Mal (pictured) at www.rapidrealty.com.au

22 July 2011


The State Government while assisting the ailing building industry to recover from partly self-inflicted poor economic and political conditions, Premier Bligh and Treasurer Frazer is pulling the wool over the eyes of First Home Buyers.

Despite the seemingly generous increase in first home buyer grants and concessions in the new building market, first home buyers should be aware of higher building costs and steady market price conditions that may cause an unfavourable net saving to the buyers over buying existing homes.

Rapid Realty Townsville’s Principal, Aaron McLeod is encouraging first timers to carry out proper due diligence before buying property and consult with their solicitor, finance broker, accountant and real estate professional.

New homes purchased 2-3 years ago being sold again today as existing homes are fetching discounts of up to 10-15% while the general market has seen a more modest easing in median prices.

Existing housing sellers, landlords and buyers will be worse off under the State Budget 2011-2012 announcements, while the new building sector should experience increasing enquiries and sales due to these changes.

It is true however that Townsville’s First Home Buyers have exercised resurgence to the property market since the Queensland Government announced changes to first home buyer grants and transfer concession rates in the State Budget 2011-2012.

Housing finance data released last week by the Australian Bureau of Statistics (ABS) for May 2011 shows that as a proportion of all owner occupier finance commitments, first home buyers accounted for just 15.4% of the market.

During the month of May there was a 17.2% increase in new home loan commitments by first home buyers across the Country from the previous month (RP Data Property Pulse, July 2011)

Rapid Realty Townsville Principal, Aaron McLeod said; "Like the increases in national statistics, first home buyer enquiries in Townsville have increased since the grants and concession rates were announced in the State Budget 2011-2012.

These changes take affect from the 1st August 2011 and are designed to encourage first home buyers into building a new home. Both the building first home buyer grant and concession rates will improve while concession rates for the first home (non building) grant will be abolished and transfer duty concessions will increase.

The Federal Government's $7,000 first home buyer grant will be available for both new building and existing new home buyers.

This is another strong case for "buyer beware".

Townsville Real Estate Blog

15 July 2011



The Australian Economics Weekly published last Friday by the ANZ Bank reports that the RBA is not expected to raise interest rates before early 2012 due to slowing growth in the economy, particularly jobs growth. In fact a possible interest rate fall has been factored in by the markets.

Rapid Realty welcomes the forecast reduction in interest rates. It stimulates buyer enquiry in the property market. A sustained reduction in the cash rate could see broader buying activity as households adjust their financial risk appetite and adopt a more confident outlook. Buyers should keep an eye on the interest rate scenario to detect a trend indicator for the inevitable return of positive growth in property demand.

With a predicted rebound in economic growth in 2012 of 3.3% from the current growth pattern of 0.9%, Townsville's Real Estate buyers and investors may have 6-12 month window to make their property investment decisions if maximising capital growth opportunities is the investment driver for buyers.

To stay in touch with the Townsville Property Market, contact one of our licensed agents at www.rapidrealty.com.au

14 July 2011


Located within walking distance to the Willows Golf Club, 5 minutes to Willows Shopping precinct and Dairy Farmers Stadium, living in peaceful enjoyment within a modern community development in your own beautifully presented home is more then a dream when you see this 4 bedroom home for yourself.

Whether you are a true home buyer or astute investor, this property has lots to offer a growing family with:

* 4 bedrooms all air-conditioned
* Large en-suite bathroom to master bedroom and walk in robe
* Built-in robes to guest bedrooms
* Cathedral ceilings with split air-conditioned to living
* Modern kitchen with large corner panty
* Tiled floors throughout
* Tiled entertainer patio off kitchen and living areas
* Remote double lock up garage
* Security screens
* Side vehicle access
* Room for a shed
* Walk to golf course, parks and bus service

Currently tenanted on fixed term til August 2011. Contact Aaron on 0414 590 110 for a viewing today.

A sustainability declaration is available upon request.

Potential Unit Development Site - Large Block with 3 Bedroom Colonial Style House


Located within 5 minutes to the proposed Cruise Ship development, City, restaurants and cafes on Palmer Street, shops and schools, this large mixed residential zoned block offers an excellent investment and multiple unit development opportunity.

The property includes a 3 bedroom colonial cottage house featuring:

• Large homestead veranda
• Polished timber floors
• Renovated kitchen and bathroom
• New carpet in bedrooms
• Fresh paint throughout
• Air-conditioning to main bedroom
• Internal laundry
• 2 car carport
• Fully fenced
• Established gardens

The property is currently tenanted til October 2011 yielding a gross return of $18,200 PA.

Contact Aaron on 0414 590 110 to arrange an inspection.

A sustainability declaration is available upon request.

4 x 2 Bedroom Executive Investment


Located within 5 minutes to the City, 2 minutes to the Hermit Park Shopping precinct, this block of four 2 bedroom executive flats offer a premium investment opportunity currently returning a combined gross rental of $59,280 PA.

Already configured for possible strata development, each flat offers modern and bright fittings with built-in wardrobes, spa bath and two way bathroom, split air conditioning throughout, arch ceilings and bulk heads upstairs, kitchen complete with electric stove and oven, open plan living and dining, combined patio/deck and laundry and feature security screens and fans throughout.

Each flat is accessible by security door and screens. The top two flats, with private balcony and deck, are accessible by internal polished timber stairs. Carports, storeroom and laundry with dryers are features of each flat also. The property is landscaped with garden edging and irrigation, fully fenced with security gate at the front driveway which is hard stand concrete to the carports located at the rear of the block.

An excellent opportunity for the astute investor, this premium set of flats present a solid rental return and an asset in very good condition to maximise your net earnings with capital growth potential.

• Block of four 2 bedroom executive flats with spa bathrooms
• All feature 2 bedrooms, 1 two-way bathroom, 1 car accommodation and storage
• Opportunity for new owner to strata title
• Currently returning gross rental of $59,280 PA
• 809 sqm allotment, 317.44 sqm under roof area, 69 sqm carports and 54.4sqm outdoor
• Close to transport, parks, shopping precinct and 5 minutes to City

A copy of the Sustainability Declaration is available upon request.

Contact Aaron on 0414 590 110 for more information.