Whitsundays' housing market balanced: HTW

Whitsundays has a balanced housing market, according to Herron Todd White’s latest report.

The property valuation firm says that Whitsundays has a tightening rental vacancy trend with a fair demand for new houses.

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This is supported by a steady trend of new houses being constructed as well as demand for new housing.

Whitsundays' housing market is starting to recover although new properties are almost never sold at prices that exceed their potential resale value.

A two bedroom house at 3264 Shute Harbour Road, Whitsundays (above) is currently listed for $2,000,000.

A seven bedroom house at 383 Mandalay Road, Whitsundays (below) is currently listed for sale.