wandoan qld, page-35

Hi nata
Caloundra is a bit of a funny market, it is a company controlled town!

One company controls most of the land and a lot of the new building so that they can adjust their work program if buyers drop off and consequently level out some of the ups and downs

It is a big retirement area and they are mostly people who do not have to sell and will only sell when they make a profit.

There is on aspect that goes the other way and that is an extremely high ratio of rentals which can move quickly if the investors are being hurt

Having said that prices have dropped due to lack of buyers but bargains are always hard to find there

Caboolture to the south have bargains with a general drop of about 40% over the last 2 years