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REIQ Journal : July 2008
40 INDUSTRY RESEARCH Yvette Terrey, Research Analyst, REIQ to take on debt. However, the outlook for the region remains positive, with the recent announcement of a $2.5 billion Liquid Nitrogen Gas development and $20 billion in other mooted developments likely to generate interest. one of the reasons why a steady stream of people have relocated to the area, from the south-east corner in particular. BUNDABERG The Bundaberg median house price dipped 4.1 per cent over the March quarter to $268,500 with interest rate uncertainty and rising petrol prices making a noticeable impact on the market. Homes are remaining on the market for longer, with demand easing in all segments. However, should interest rates remain steady in the coming year, the market is expected to remain buoyant due to the availability of affordable properties and a growing population. Upward pressure on rents continues, caused by increasing interest rates and a shortage of rental properties in the area. GLADSTONE The median house price in Gladstone increased by 1.6 per cent to $370,000 during the March quarter. Again, buyer confidence is an issue in the Gladstone region with many not prepared • Residential Listings • Residential Rentals • Commercial listings • Business listings • Vacant Land listings • Rural listings • Print yers & brochures Information firstname.lastname@example.org Sales Enquiries email@example.com REIQ Journal July 2008 ROCKHAMPTON After very strong growth last year, the Rockhampton residential property market slowed over the March quarter with 3.1 per cent median house price growth to $304,000. Buyer confidence seems to be picking up however, with many returning to the market in recent months. The second half of 2008 is looking positive with the strength of the mining industry expected to continue to support prices and sales numbers in the Rockhampton market. MACKAY The start of the year saw the usual influx of people relocating to the Mackay area with work transfers and new employment in the mining industry. While enquiry levels were slower than normal – following on from the Federal Election and interest rate rises – demand is currently increasing, particularly in the $300,000 to $400,000 price bracket. The outlook for the area is positive with a number of multimillion-dollar council projects underway. The Mackay market will also continue to be driven by the mining boom well into the foreseeable future. Simultaneously load to Australia’s most popular real estate portals from one easy, low cost system. Access your data from any computer through a simple web based listing management solution. Enter property details once to have them uploaded to all of the portals you subscribe to. PortalPusher is more than a web loading tool. It is also your online source for listing data. View online all of your current, as well as withdrawn, off market, sold and rented properties, along with the ability to print and email flyers of these properties. Simultaneously load to: • realestate.com.au • domain.com.au • myhome.com.au • homehound.com.au • onthehouse.com.au • realcommercial.com.au • commercialrealestate.com.au • irealty.com.au • Your own custom website