Blog

January 11, 2018

Rocky real estate rise: 3 coal projects inject $330m into CQ

CONFIDENCE has finally returned to Rockhampton's housing market as real estates prepare for "steady growth” forecast in the region.

According to leading realtor group, Raine and Horne, Central Queensland's house affordability was a major appeal for owner-occupiers as house prices in the region started at less than the stamp duty on inner-city homes.

Owner of Mr Real Estate, Jason Rayner, already felt the movement among buyers, recording his busiest December yet by "selling two homes everyday”.

"There has been a vast improvement in buyer activity and buyer confidence,” he said.

Mr Rayner said people were scrambling to get their hands on a CQ property, no matter the state of the home.

In his six years working in the Rocky region, Mr Rayner said he'd never done as many appraisals as he did in the past six months.

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