After experiencing tough market conditions over the first half of the year, home buyers in Queensland have finally started to make a comeback during the September quarter. Recent data from the Real Estate Institute of Queensland shows signs of improvement, with the amount of stock and first home buyers entering the market on the up; however, there is still a long road to recovery.
Blog: Queensland
December 9, 2011
Queensland market showing signs of improvement
Category: Market Intelligence & Commentary, Queensland 1 Comment
November 11, 2011
Mining towns steal limelight from prestigious South East Queensland areas
While the property market in South East Queensland has struggled to recover from flooding in the region earlier in the year, as well as continued economic uncertainty, it’s a very different story for mining towns in Central Queensland which have seen very positive growth rates in the past year.
While the median house price in Brisbane dropped by 2.3% to $530,000 in the year ending June 2011, mining towns are experiencing year on year growth in median house prices of up to 10.8%.
Category: Queensland, Uncategorized Leave a comment
August 25, 2011
QLD Market on road to recovery
Queensland’s residential property market has regained some of the ground it lost following the natural disasters earlier this year, according to the Real Estate Institute of Queensland (REIQ).
The REIQ June quarter median house price report found that preliminary sales numbers in many areas across the State are on the road to recovery, however, property price growth remains relatively subdued.
Category: Market Intelligence & Commentary, Queensland 1 Comment
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Polls
If the RBA lowered interest rates, would this give you confidence to enter the property market?
- Maybe (56%, 24 Votes)
- Yes (28%, 12 Votes)
- No (16%, 7 Votes)
Total Voters: 43
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April 11, 2012
Latest medians suggest a turnaround in the Queensland property market
After tough market conditions in 2011, many Queenslanders are wondering if and when th
e market will bounce back. According to the recent median data released by the Real Estate Institute of Queensland, there is now reason to believe that the last quarter of 2011 marked a turning point in Queensland’s property market.
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