Newspaper article Gympie Times, The Qld.

First Home Owners Find Gympie Gems

Newspaper article Gympie Times, The Qld.

First Home Owners Find Gympie Gems

Article excerpt

Byline: Carly Morrissey

NEW data that suggests it will take first home buyers in Queensland 4.5 years to save a deposit for a house is good news for the Gympie region.

With the median house price in Gympie sitting between $270,000 and $300,000, Harcourts Real Estate sales manager Ann Maree Margetts said it would be easier for first home buyers to get into the market here.

Since first home owners won't have to save as much to get into the Gympie market, it may entice a few new faces to the region.

"All the facilities are here, it's a great location," Ms Margetts said yesterday.

"Where else can you go with all the facilities and be so close to the coast (that's still affordable)?a

And first home buyer Jeanne Borchert agrees.

Miss Borchert saved for two years to put a deposit on a block of land and house package that will cost her just $288,000 all up for a fourbedroom, two-bathroom home.

"It's awesome. It's just so affordable in Gympie," she said.

Ms Margetts said there were properties to suit everyone in the region, starting at $200,000 and going up to $500,000. She said with a great family and work life on offer, first home buyers should look to Gympie.

"Here you can buy a house and set up a business and have change. I would encourage first home buyers to come to Gympie; it suits everyone. It's a very economical place to live."

Gympie Regional Realty principal John Cochrane said it was important for young people to get into the market and, with great value property in Gympie, it would be easier.

He said to save for a deposit to buy a house in the Gympie region would not take four years as house prices started at about $240,000.

Mr Cochrane said to buy a block of land and build a new four-bedroom house with double lock-up garage and ensuite could cost as low as $290,000.

And with a new highway, Brisbane and the Sunshine Coast would be more accessible by Gympie region residents.

"Homes are much better value here than anywhere south," he said.

He said there was a huge variety of homes for people looking for a cheaper option.

"Gympie is extremely affordable. …

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