Bluewater Master Planned Community Meets Pent Up Buyer Demand

Cairns, Australia, 25 February, 2008: As Multiplex Living’ s Bluewater master planned community at Trinity Beach, 20 minutes north of Cairns, continues to rapidly take shape, sales to date have made it one of North Queensland’s most highly sought after lifestyle developments.  

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Affordable suburbs star performers

The latest Real Estate Institute of Queensland (REIQ) figures confirm that the State’s most affordable suburbs are also some of its star property performers.

REIQ figures show that in the 12 months to the end of September 2007, the majority of affordable suburbs in each major regional centre not only had median house prices under $300,000 but also recorded double digit percentage growth.

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Units record double digit growth

With median house prices in many parts of Queensland now more than $400,000, it is still possible to buy a unit or townhouse for less than $250,000 in one third of the State’s major centres.

And Real Estate Institute of Queensland (REIQ) figures released today show that this segment of the residential property market is continuing to perform well with double digit percentage growth recorded in many parts of the State.

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Resources boom underpins top suburbs

Nine of the top 10 performing Queensland suburbs over the past year are located in or close to resource-rich areas, according to the Real Estate Institute of Queensland (REIQ).

Queensland’s residential property market has recorded its fourth consecutive quarter of consistently healthy price growth.

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One year of house price growth

Nine of the top 10 performing Queensland suburbs over the past year are located in or close to resource-rich areas, according to the Real Estate Institute of Queensland (REIQ).

Queensland’s residential property market has recorded its fourth consecutive quarter of consistently healthy price growth.

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Home Access information trial

Older people and people with a disability in the Brisbane area will benefit from a State Government trial to promote homes with easier access features.

Housing Minister Robert Schwarten today launched the Department of Housing’s Home Access Information trial, which is being undertaken in partnership with the Real Estate Institute of Queensland (REIQ).

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