January 27, 2011

THE AUSTRALIAN: CAIRNS ON THE COMEBACK

Writer for The Australian Terry Ryder reported today that Cairns looks ready to make a strong comeback in it's economy and property market.

Ryder notes major improvements to Cairns' airport and hospital, plans for the development of a $240 million dollar cultural precinct, major highway upgrades, large-scale mining related prospects and a rapidly increasing number of flights from fast growing international tourism markets.

The report comes as figures published recently indicate Cairns is one of Queensland's fastest-growing regions. Nearly 5,200 people moved to Cairns in the 2009 fiscal year, bringing its population to 164,356.

The 3.2 per cent growth put Cairns among the top four fastest-growing regions in the state, after Ipswich, Moreton Bay and the Fraser Coast.

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