news

‘Robust’ Gold Coast market expected

By Staff Reporter

Queensland’s property market over the next few years is expected to be ‘robust’ with more sales activity on the back of “new-found optimism”, according to property industry experts.

Real Estate Institute of Queensland (REIQ) CEO, Anton Kardash, recently said in his newsletter, “The Queensland market certainly appears to be on the road to recovery, helped in no small part by the necessary lowering of interest rates by the Reserve Bank of Australia throughout the year to help stimulate our economy."

Last year BIS Shrapnel also forecast that growth in the Queensland market would be seen over 2013 to 2015.

“The Queensland economy is also now beginning to turn around with the next round of investment in new resource projects coming through,” BIS Shrapnel’s Angie Zigomanis said.

“Consequently, economic conditions are forecast to rapidly improve, with the ensuing employment and income growth to create a greater level of purchaser confidence.”

Mr Kardash explains that, now we are in the summer season, "which in some areas such as the Gold Coast is the busiest time of the year" there are hopes optimism will continue in the area and that "2013 heralds more robust sales activity.”

‘Robust’ Gold Coast market expected
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%