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MORE HOUSE SOLD IN SEPTEMBER IN THE FRASER COAST QUEENSLAND

November 20th, 2012

RESIDENCES SALES IN THE FRASER COAST RISE BY 19% IN SEPTEMER

THE Fraser Coast housing market has shown signs of recovery, with a 19% boost in the number of sales for the 2012 September quarter compared to the same time last year.
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Figures from the Real Estate Institute of Queensland showed growing activity in the market had continued through to November.

REIQ Fraser Coast Zone chairwoman Linda Bland said they were hopeful the strong sales were a sign the Fraser Coast market was on the road to recovery.

“Agents in our region are reporting a much-improved number of sales and there is generally a bit more confidence in the market,” she said.

“While the majority of activity is still owner-occupiers, we are starting to see investors heading back in the market again as well.”

She said Maryborough had been a strong performer for residential house sales, recording a 6% growth in the median house price.

Ms Bland said the commercial sector was also doing well in Hervey Bay.
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Sourced from the local paper & published by Henry Sapiecha