Macleay Island is leading the property market boom on the Redlands Coast…

In a time of fiscal uncertainty with interest rates hovering around one per cent and still dropping, property investors in the know are leading the charge for record rental returns on Macleay Island with rates on investment rentals of seven  per cent and upwards.
Local LJ Hooker real estate agent Brian Durrant explained, “Waterfront homes are really taking off with several of our properties selling up to $1million. Whilst the average price on a Macleay Island waterfront home would be around the $600k mark, general property prices here are still affordable, with houses starting from as low as $150k and land from $20k.”

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