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Real Estate Sales Rising in Queensland

By James Brown

The sale of real estate across Queensland has continued to rise over the last few months, demonstrating great conditions for those who wish to list houses for sale in Burpengary, Caboolture, Morayfield or other surrounding suburbs.

According to Real Estate Institute of Queensland (REIQ) Chief Executive Anton Kardash, the Queensland property market is "undergoing a more steady sales recovery" and is "starting to see some very positive results".

Over the June quarter, preliminary results have pointed towards a 25 per cent rise in successful sales across the state, according to REIQ Chairwoman Pamela Bennett in a November 2 market insight column.

This is a significant  45 per cent increase when compared to the June quarter last year, demonstrating just how quickly the market has begun to change over the last 12 months.

Ms Bennett noted the rise in property sales has led to stock being affected, most evidently in the $450,000-$550,000 price bracket.

This rise in demand is an encouraging sign for homeowners looking to sell, and as a further good sign in the market, Ms Bennett stated house prices have risen by 3 per cent over the 12 months to June.

With interest rates at an extremely accommodating level, now might be a great time to think about selling your slice of Caboolture real estate and consider upgrading.

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