Units and townhouses are selling like hotcakes across Queensland, with preliminary sales volumes up by 40 per cent from this time last year.
A report released by the Real Estate Institute of Queensland (REIQ) shows that not only have sales increased over the past year, but figures for the June quarter are also 15 per cent higher than those from the March quarter of this year.
The growth is good news for investors in Gold Coast property, as demand for townhouses and units continues to soar. The Queensland unit market reflects the housing market's increasing strength, according to REIQ CEO Anton Kardash.
Investors will appreciate the growing interest in their properties, and the current trends suggest now may be the time for property investors to get into the market.
The September quarter and spring season have historically been positive times for the real estate market in Queensland, says Kardash, so the current boom in townhouse and unit sales is likely to continue for months to come.
Buyers looking to take advantage of the strong conditions and invest in Broadbeach real estate should contact Ray White Broadbeach for reliable insight and advice.