Buyers snapping up land at Junction Hill

Date: 30 August 2013

Subdivided states are proving popular in the Clarence Valley, with blocks of land being snapped up in multiple areas.

Junction Hill and Clarenza have proven to be hotspots, as well as Gulmarrad and Townsend.

Bailey and Gough First National’s Leo Cameron said about 40% of the subdivided land at Lake View estate at Junction Hill had sold.

“There’s currently 27 lots, eight of which have sold and there’s a further three under contract,” Mr Cameron said.

Mr Cameron said dirt would be broken at the estate early next year and he expected more sales there as people noticed the progress.

He said with good-value houses being snapped up quickly at Junction Hill, people looking to relocate to one of the Clarence Valley’s main growth areas should take advantage of the land up for grabs.

Clarenza was another main growth area, Mr Cameron said, but home buyers were paying more for Junction Hill because of the services already available there.

Bailey and Gough principal Rod Ford said new-release land at Kangaroo Ridge had also proven to be much sought after, and a new light industrial estate on Trenayr Rd was in the works, with development applications lodged with the Clarence Valley Council.

First National Real Estate Bailey & Gough

Source: Daily Examiner, Grafton NSW, 30 Aug 2013
Back to articles Filed under: Media / NSW News Tags: first national real estate bailey & gough, grafton, junction hill, leo cameron, rod ford
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