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The best Queensland markets over September quarter
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Extraordinary times : CQ house prices on the rise
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The report also stated that the strongest increases in median house prices in the last 12 months were recorded in the higher end of the market which encompass beach side and lifestyle areas. Doonan (median house price of $960,000), Mooloolaba ($900,000), Noosa Heads ($1.18 million), Noosaville ($1.1 million), Sunrise Beach ($975,000), Sunshine Beach ($1.75 million) and Yaroomba ($960,000) all recorded double-digit growth. Some over the above suburbs have performed so strong over the past two-three years, they reached levels above the national averages to buck the region s historical trends. Historically, long-term growth in house prices in many Sunshine Coast suburbs has been below national standards, the report reads.
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Subscriber only BUYERS are looking to Mackay for a home and a future with the region s property market defying COVID-19 expectations.
The December Real Estate Institute of Queensland market report found Mackay house prices rose by 6 per cent over 12 months, making the region one of the best performers in Queensland. The Mackay region has been waiting longer than it should have for improving market conditions, but it appears they have well and truly arrived, REIQ said. REIQ said buyers were snapping up the increasing number of homes going to market, with the number of house sales increasing by nearly 13 per cent.