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Property demand high in Moreton Bay area

By James Brown

Sales activity has picked up across many parts of the Queensland property market over recent months and the Moreton Bay Regional Council hasn't been any exception.

The REIQ's March Quarter 2014 Queensland Market Monitor showed preliminary sales across this part of the state were up seven per cent compared to the previous quarter.

As a result, if you're looking for houses for sale in Elimbah you could find yourself up against some stiff competition as demand grows all over the region.

Chief executive officer of the Real Estate Institute of Queensland (REIQ) Anton Kardash explained how conditions are starting to get better in many key markets.

Units and townhouses have become more popular with buyers, despite slower results coming out of these markets over the past few months.

Mr Kardash explained: "Unit sales were also strong in the tourism centres, with the Cairns unit and townhouse market recording solid buyer activity in the $250,000 to $350,000 price bracket, contributing to an increase of 15.5 per cent in the region's median unit sale price to $212,000."

If you're in search of a thriving property market, it seems that Queensland is the place to be at the moment, especially as some other parts of the country continue to struggle.

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