The market remains stable with steady if not spectacular sales activity. The trend, of more investor engagement in the market place, has continued to gather momentum. Experience has taught me that increased investor activity precedes market improvement. It will be interesting to monitor this correlation in the coming months. Queensland’s Demographics with increasing population will bring pressure to bear not only on house prices but also on the demand for rental accommodation. We are already seeing increased competition for quality rental accommodation and very low vacancy rates.
Until next time….
“The team at Ray White Deception Bay has been the best I’ve dealt with in over 15 years as a property investor/landlord. They have been managing my property for about 4 months (since purchase) and I must say their service is the benchmark I now expect from others. When they … Read more
Will the market keep improving? A very good question and one that will have different points of view depending on the commentator. We have certainly seen a marked increase in the volume of sales and an increase in the prices being achieved. This as previously reported has been off the … Read more