Proserpine was named after the Greek vegetation goddess, Persephone. Positioned off the Bruce Highway, next to the Proserpine River, the town was founded in the 1890s. For many years, it was the commercial hub of the Whitsundays and the coastal areas had the beach houses of the local farmers and graziers. Over the years this has changed significantly.
While the Whitsunday Coastal area is the playground of the Whitsundays, Proserpine is the nurturing support system. Proserpine is the major arterial connection for transport with the railway station, Bruce Highway and quick access to the Whitsunday Coast airport which has daily services to Brisbane and other direct services to Melbourne and Sydney. It also contains essential health services of the Hospital and the Nursing Home.
Proserpine makes a significant education component with the only state owned high school in the area which has a student population of over 1000. In addition, there is the largest state owned primary school along with the largest private college of St Catherine’s which has students from kindergarten to year 12 on 3 campuses.
The main office of the Whitsunday Regional Council, the Cultural Hall, the local Museum, the Sugar Mill, two major sporting centres and the cemetery are all in Proserpine. In the main street of Proserpine there are four banks. The town also has six churches. In addition there are “must see” iconic shops such as Colour Me Crazy, Sophies, Cherie Baby and Epicure.
With a population of 3,390 (2011 census), the average age of Proserpine residents is 39.
Historically, houses in Proserpine have proven to be an extremely stable investment with 10 years positive median growth occurring from 2000 to 2009. During that time there was an average median growth of 13.48% for each year. In the years 1999 to now, despite some recent adjustments, there has been an average median growth of 7.31%. Housing in Proserpine is affordable. The median price has never been above $350,000.
In recent years, the older homes have had price adjustments which have seen homes sell below $200,000 and as low as $120,000. In the same town, homes have sold for over $550,000.
To view the properties which we have for sale in Proserpine, click here. For more information on Proserpine and Proserpine’s property market, give us a call on 07 4948 8500.