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24 October 2008

Property Listings in Queensland

The following is an extract from an article published by RP Data today. It looks at the climbing total advertised listings across the nationwide. The extract looks at the ten suburbs in Queensland that are recording the highest number of properties being advertised for sale during the last month:

Across Qld, only one suburb with the greatest number of properties being advertised for sale was found in Brisbane, Forest Lake, which is a recently developed suburb.

However, seven of the ten are located in South-East Queensland with four located on the Gold Coast and two on the Sunshine Coast.
With Surfers Paradise, Southport and Labrador making the list it is unsurprising to see that these suburbs have a significant number of units listed for sale. Meanwhile in newly developed areas of South-East Qld such as Buderim, Forest Lake and Upper Coomera, it isn’t a surprise to see a significant number of houses listed for sale.

Virtually all of the Qld suburbs detailed have recorded growth in median prices during the last 12 months, only Surfers Paradise units and Noosaville houses have seen a decline.

Yours in property!

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