REIQ
QUEENSLAND MARKET MONITOR ISSUE 23
ISSUE 23
JUNE QTR 2014
your state-wide property research guide suburb by suburb
QMM STATE-WIDE COMMENTARY
SEQ HOUSE MARKET TAKES THE LEAD Sales activity across Queensland over the June quarter was up across all property types with increases in preliminary sales for house, units and townhouses; and an impressive 37 per cent in vacant land sales.
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This increase in sales activity was predominantly recorded in the southeastern corner of the state. The Brisbane Local Government Area led the charge with an increase of 19 per cent, closely followed by Logan, which was up 18 per cent. Key sales market indicators also point to Brisbane’s unusually robust winter sales being replicated in a number of real estate markets throughout the State amid increasing demand, sales volumes and prices.
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