It’s buyer beware in Australia’s croc country
Dreaming of a move to Queensland to escape the winter chill? Property in the far north comes with its own challenges
5 min
“A large crocodile has been spotted across the road from Warri Park Wetland (near Lakes Estate) today. The Department of Environment and Science has been notified. There will be a staff member at the site this afternoon to ensure student safety.”
This was the message posted on the Port Douglas primary school’s Facebook page in February this year. Just off the main road into town, the 2ha beauty spot is popular with dog walkers, bird watchers, joggers and kids playing after school. It’s also a desirable place to live, with about 50 homes circling the park. So why would anyone build family homes so close to a crocodile-infested swamp?
Put simply, they didn’t.
Despite having survived for an estimated 200 million years, the estuarine crocodile very nearly didn’t see out the 20th century.
Looking for more stories like this? Order your copy of the latest issue of Kanebridge Quarterly magazine here.
Unregulated hunting in the 1940s, ’50s and ’60s saw crocodile numbers drop by 95 percent, and by the ’70s they were critically endangered. Crocs were belatedly afforded protection, and since then the numbers have steadily risen back up to pre-hunting levels. Salties haven’t moved into our habitat — we moved into theirs, while they were away.
Soula Kazakis from Ray White Port Douglas (pictured) has been working this patch of real estate for the past two decades.
“Croc sightings in Warri Park don’t surprise me,” she says. “I’ve seen them there multiple times. The council is aware, and there’s a history of having traps in the lakes to catch them.”
Like many who live around Port Douglas, Kazakis has her own near-miss story. Back in 2015, on a sunny winter’s day, she was showing a family from Melbourne a house on a street that backs onto the lake.
“They asked me what was behind the house, so I took them for a walk,” she says. “Their four-year-old boy was running ahead of us, jumping and laughing. I was following behind with the parents, chatting all things real estate, when I looked up and saw a big croc sunbaking with its mouth open on the grassed area directly in the pathway of their child. I’ve never run so fast in high heels! I grabbed his arm, and he was airborne just in the nick of time. Needless to say, they didn’t buy in Port Douglas.”
Far North Queensland has been experiencing a property boom in the post-COVID era, with interstate buyers lured by the promise of a sea-change to year-round sunshine and greater value for money.
“I would say half the interstate buyers are aware of our wildlife and the other half oblivious,” says Kazakis. “Some are more paranoid than others and think crocs get into everyone’s backyard. But given the volume of migration we’ve seen to the Douglas Shire, I would say it’s not putting people off.”
Croc country begins just south of Gladstone and extends up the east coast and across Far North Queensland.
In the summer, during very high tides and periods of flooding, crocodiles move further upstream and may appear in areas where they’ve not been seen for decades.
On February 22 in Ingham, 113km north of Townsville, a 2.5 metre saltwater crocodile was sighted on a road behind a childcare centre in the CBD. The town’s mayor commented: “We don’t expect to come across crocodiles in the middle of our town, but what I am noticing is that the crocodiles are coming closer and closer to us.”
On January 23, a huge 3.9m saltwater crocodile was removed from the Barron River in the Cairns suburb of Caravonica and relocated to a nearby crocodile farm. (That came too late for the 40kg labrador taken from the adjoining footpath.)
On January 16, swimmers were asked to leave the netted area of Four Mile Beach in Port Douglas when a lifeguard spotted a small croc trying to get back out to the open ocean. On December 27 2022, residents of Blacks Beach in Mackay put up signs to warn the public of crocodiles after one was seen metres from dozens of homes.
“I’ll be giving that end of the beach a wide berth for a while,” said one local resident. “I want my puppy to reach his second birthday.”
As with sharks and other predators, there is lively debate between those who want to protect these awe-inspiring creatures, and those who think they should be culled. As our territories become ever-more entwined, the Queensland Crocodile Management Plan (QCMP) aims for a balanced approach between crocodile conservation and public safety. There are six zones (A to F) that apply throughout the state, and each zone has rules around when crocodiles are removed, based on their size, behaviour, location and proximity to urban populations.
Active Removal Zones are defined as ‘rivers, creeks and wetlands where crocodiles are frequently in close proximity to large urban populations’. All crocodiles in ARZs, regardless of size or behaviour, are targeted for removal. In total, the Department of Environment and Science (DES) removes about 50 ‘problem’ crocodiles a year, and most people are pretty OK with that.
“In the whole time I’ve been selling real estate, I’ve only come across one crocodile enthusiast,” says Kazakis. “That person ended up buying a house from me and getting a job at Hartley’s Crocodile Adventures near Palm Cove. She went from working at Myer in the big smoke to holding baby crocs and showing them off to the tourists. That was one very happy client.”
Meet the neighbours
Crocodiles are a fact of life in all far north waterways. A local agent will be able to tell you about any recent sightings in your favoured area, but at the end of the day, it’s buyer beware. If you’re wondering whether a pest inspection might cover you, the answer is “absolutely not”.
“No pest inspection will cover evidence of crocodiles,” says Chris Boswell, director of Arrow Building and Pest Inspection in Cairns. “And even if it did, it wouldn’t provide an option to withdraw from a sale, because a crocodile is neither a building defect nor a wood-destroying pest.”
Chris’s advice to anyone thinking about buying a home in croc territory?
“Don’t go in or near the water.”
To expand on that, the DES tips on being
crocwise in croc country are:
• Obey all crocodile warning signs.
• Never swim in water where crocodiles may live, even if there is no obvious warning sign.
• Stay at least five metres from the water’s edge.
• Don’t leave food, fish scraps or bait near the water.
• Be extra cautious at night, dusk and dawn when crocodiles are most active.
• Do not use kayaks, paddle boards and other small craft in and around crocodile habitat.
• Be extra vigilant during the breeding season, which runs from September to April.
• Keep dogs on a lead and away from the water’s edge.
The 1860s Darlinghurst mansion Stoneleigh could become Sydney’s most expensive home ever sold under the hammer when it goes to auction. Clint Ballard is giving buyers a $28 million guide for the heritage-listed mansion on Darley Street, opposite Iona, the former home of Hollywood royalty Baz Luhrmann. Stoneleigh is being offered for sale for the …
Set on one of the city’s last absolute riverfront sites, The Riversdale by Mosaic combines irreplaceable waterfront ownership with one of Brisbane’s most significant residential opportunities.
The US housing market remains under pressure as high mortgage rates continue to weigh on affordability and demand. Industry leaders say 2026 has been one of the toughest years for home sales, with slower price growth, weaker mortgage activity, and fewer buyers entering the market. However, experts say reduced competition and more price cuts could create opportunities for well-prepared buyers.
2 min
The typically busy spring season for the housing market was a dud, and the summer isn’t looking much brighter.
Housing services companies like Zillow Group and Rocket RKT +3.78% were loud and clear last week on earnings calls: Rocket CEO Varun Krishna called the quarter through June “one of the toughest spring housing markets in years.”
Jeremy Hofmann, Zillow’s chief financial officer, said on a conference call that the company predicted earlier this year that the market for mortgages would be flat. “We actually now think it’s going to be down low-to-mid-single digits,” he said.
The rest of 2026 will remain challenging for mortgage origination volume, says KBW analyst Bose George. The question now is what happens in 2027. “If mortgage rates remain [around] 6.75%, I think that’s going to be challenging even for next year,” he says.
But what’s bad news for mortgage companies could be a positive for bargain hunters. Buyers can expect prices to grow more slowly—or mildly decline—with less competition as long as mortgage rates remain unpredictable.
Mortgage rates at the beginning of the year were solidly below year-ago levels, notes Zillow senior economist Kara Ng. But they surpassed last year’s levels recently, she adds, referencing Freddie Mac’s weekly survey of 30-year fixed mortgage rates. Last week’s reading, at 6.69%, was higher than year-ago levels for the first time in 2026.
“From the affordability point of view, it’s going to get more challenging in the second half of the year,” she says. “And when affordability gets more challenging, that impacts sales and home price appreciation.”
Mortgage application data tracked by the Mortgage Bankers Association has cooled since the beginning of the year. The trade group expects that the number of mortgage originations in the remaining two quarters will lag behind last year’s levels, after exceeding 2025 levels in the first half.
Rocket’s early-stage data—which the company told Barron’s it derives from its brokerage Redfin, demand for its mortgage products, and signs in its servicing portfolio that a homeowner is preparing to refinance or move—“leads us to expect the third quarter mortgage market to be smaller than the second,” Chief Financial Officer Brian Brown, said on the company’s call. He added that such an occurrence is “something the industry has not seen since 2022.”
Prices will be about flat nationally, Ng says. Zillow’s most recent forecast, which shows how values are expected to change in the year ending June 2027, show them dropping in roughly half of the 100 largest U.S. metros for which data is available.
Buyers aren’t rushing in at a time when mortgage costs are rising and unpredictable. But those with the right combination of patience and cash could stand to benefit. “If you are financially qualified to buy a starter home, you are facing less competition and you’re more likely to get a price cut,” Ng says.
From elevated skincare to handcrafted home pieces, this year’s most thoughtful gifts go beyond the expected.
BMW has unveiled the Neue Klasse in Munich, marking its biggest investment to date and a new era of electrification, digitalisation and sustainable design.
