Real Estate

Bowen number one for property bargains in Australia

  • Written by


First home buyers looking to enter the property market could find a gem in regional Queensland - particularly in the northern regions, according to’s Buyers’ Markets1. With interest rates low, there’s no better time to start looking in these areas.

The following 10 Australian suburbs have the most favourable conditions for buyers2:

  1. Bowen (QLD)

  2. Charters Towers (QLD)

  3. Ayr (QLD)

  4. Portland (VIC)

  5. Nanango (QLD)

  6. Agnes Water (QLD)

  7. Roma (QLD)

  8. Stanthorpe (QLD)

  9. Macleay Island (QLD)

  10. Emerald (QLD)

Over the past year, properties in regional Queensland have had the most favourable conditions for buyers with the top three – Bowen, Charters Towers and Ayr - located in the state’s north. These areas have longer days on market and fewer people looking. Queensland’s northern areas dominate the top ten list with Nanango, Agnes Water and Emerald coming in fifth, sixth and tenth spots. Interestingly, the only other state to feature is Victoria with regional Portland coming in fourth.

Tony Doyle, Principal at LJ Hooker Bowen says regional areas in Queensland are receiving plenty of interest due to its affordability and high amount of stock available.

“There’s definitely interest in these Queensland areas from buyers considering moving here to retire or looking for work. Bowen in particular attracts many people coming to look for work in the Port and mines,” said Mr Doyle.

Mr Doyle adds that a lot of people are relocating from southern areas to Queensland’s north due to the better climate.


“Areas in the north of Queensland have dry tropics and generally beautiful weather compared to our southern counterparts. It’s definitely reflective of the surrounding beautiful beaches,” said Mr Doyle.

Along with its beautiful beaches, Bowen offers a laid back lifestyle which is consistent with many regional areas.

“People are doing their homework and looking at the lifestyle aspects of Bowen. There are no traffic lights in regional areas which is great as you can get to places in no time. In Bowen, there’s also a mix of new and older properties that date back to post-war homes. The history of this town is attracting a lot of interest too,” continued Mr Doyle.

Arthur Charlaftis, REA Group’s General Manager of Sales and Operations says that’s Buyers’ Markets offers valuable insight and helps make the property decision easier for those looking to buy.

“’s Buyers’ Markets present more affordable price points and less competition from other buyers, making them attractive for people looking to enter the property market. has plenty of tools and information to help you decide which suburb suits your lifestyle at a price point you want. Our Suburb Profile page includes imagery and in-depth detail about each Australian suburb while our Sold section provides useful information on the sold price in those suburbs,” said Mr Charlaftis.

Methodology: The data is ranked by the sum of the below variables:

  • Demand/Supply is calculated as the number of visits to which included at least one view of a listing in the 'buy' section for a given suburb, divided by the number of properties available in that suburb. Suburbs are limited to those with at least 15 properties per month.

  • Days on Market (DOM) is calculated as the median length of time between when a property was first listed on, and when it was sold. Suburbs are limited to those with at least 60 properties sold in the last 12 months.

  • Price Difference is calculated by taking the median of the difference between the sold and listing prices, divided by the median listing price for each suburb. Suburbs are limited to those with at least 60 properties sold in the last 12 months


About is the leading website in Australia for residential property, attracting an audience of more than 3 million visitors every month. It is owned and operated by ASX listed REA Group Ltd ABN 54 068 349 066. Source: Nielsen Online Ratings, Domestic Audience, November 2014 – January 2015.

1 internal data May 2014 – April 2015

2 Based on the methodology,’s Buyers’ Markets show favourable conditions for areas that have properties with a longer day on market, have fewer people looking per listing and have a more affordable price point.


Scott Morrison at Australia-Israel Chamber of Commerce

QUESTION: I suppose one question I'll ask is about the role of social media, YouTube, Facebook. And the sort of thought process that we’re having as a nation of how we can create that sort of societ...

Scott Morrison - avatar Scott Morrison

Delivering the rail links Western Sydney needs

The Morrison and Berejiklian Governments will ensure the Western Sydney International (Nancy Bird Walton) Airport has a metro rail line in time for its opening.   The Prime Minister said his Gover...

Scott Morrison - avatar Scott Morrison

Nancy-Bird Walton immortalised at Western Sydney Airport

Australia’s biggest aviation project will honour one of the nation’s trailblazing stars of the sky.   The $5.3 billion Western Sydney Airport will officially become Western Sydney International (N...

Scott Morrison - avatar Scott Morrison

Business News

Data4Good Confernece at Sydney ICC

The misuse of data and the lack of transparency by big tech firms to be combated with Data4Good event   With the widespread lack of transparency and misuse of data by large tech firms worldwide, t...

Jacob Webb - avatar Jacob Webb

Best Tips on how to remove negative content online

Business proprietors who are serious about reputation on the internet have long wondered how to remove negative content online. Unsurprisingly, they are concerned that consumers are further expected...

News Company - avatar News Company

How big is the promotional products industry?

It’s easy to imagine the promotional products has been declining with the rise of the internet, but the inverse is true. The promotional products industry has actually been steadily rising for numer...

Claire Ward - avatar Claire Ward


Have An Unforgettable Vacation in Orlando

Family-friendly with unique theme parks, Orlando, Florida is the place to go for an unforgettable vacation. Head to the beach, spend time in Disney World, and visit The Wizarding World of Harry Pott...

News Company - avatar News Company

Airports and Customs in Australia: Everything you need to know to discover the country by plane

Australia is such a huge country that the beginning of air travel represented a very important step in the development of the country and communication among its citizens. Before air travel, it took...

News Company - avatar News Company

The Gold Coast is famous for fun but it is also famous for horrible traffic issues

The Gold Coast is a great place for a holiday but there are problems that tourists need to be aware of. The Gold Coast airport is a busy place. Thousands of visitors arrive every day from around the ...

Holiday Centre - avatar Holiday Centre