REIQ
QUEENSLAND MARKET MONITOR ISSUE 26
MAR QTR 2015
your state-wide property research guide suburb by suburb
QMM STATE-WIDE COMMENTARY
SUSTAINABLE GROWTH AND STABILISATION Over the first quarter of 2015, Queensland’s residential property markets largely continued the trends established in late 2014. Those areas where improvements have been consistent, continued to show solid results and the areas where the market has been flat or struggling now look to be finding their feet. Integral to all regions have been major infrastructure projects, which have provided much-needed economic stimulation and underpinned recovery. Proudly supported by
The Gold Coast sales activity will quieten heading into the winter months but the lift in construction and tourism industries provided some buoyancy in the first quarter of 2015. The same can be said for the Sunshine Coast and Cairns, with all three regions recording continued solid results. Investor activity did increase across the state, however it was not as pronounced in some regions as many had anticipated. Australian Bureau of Statistics figures reveal dwellings financed for investment purposes were at a five-year high. >p2