Queensland
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residentialRocky on the rise as Gladstone stumbles: Terry Ryder
New data confirms two things we’ve been tipping: the decline of Gladstone and the rise of Rockhampton.
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residentialLow interest rates to spur strong residential building recovery over next three years: MBA
Masters Builders Australia forecasts the value of residential building work done, in real terms, to grow from $46.2 billion in 2012-13 to $60.9 billion in 2015-16.
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residentialBrisbane house prices fall 1% in March quarter as first-home buyer participation dwindles to 10% of market: REIQ
There was a more pronounced decline in the greater Brisbane market which recorded a 2.3% fall to a median house price of $430,000 off 3,662 sales.
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residentialWA government warns consumers about east coast “property investment spruikers"
The warning follows officers from WA's consumer protection attending a number of free seminars to gauge the content and message being presented to potential investors.
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residentialResidential recovery underway but more pain for Stockland as $49 million write-down revealed
Stockland CEO Mark Steinert says the residential land market recovery is lagging the established housing market recovery by around six months.
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queenslandBrisbane rental market tightens to 2.1% vacancy rate in March quarter with rents rising
Weekly rents for three-bedroom houses in Brisbane are up $10 to $410 per week and two-bedroom units up $5 to $395 per week.
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queenslandMermaid Beach still poorly performing, with Mandurah and Ultimo bouncing back from their GFC lows
Queensland coastal suburbs occupy the top five positions on the list of worst-performing locations with two-bedroom houses in Burleigh Heads second with a 61% decline over the past four years.
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residentialEstablished house prices stagnate in March quarter, but with good gains in Perth and Darwin: ABS
The strongest performers over the March quarter were Perth (+1.2%) and Darwin (+1.9%)with Sydney house prices unchanged.
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residentialDwelling approvals "lose momentum" with surprise fall of 5.5% in March led by NSW and Victoria: ABS
The number of dwellings approved have fallen in the first 3 months of 2013, in trend terms, following a period of growth throughout 2012.
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residentialPerth leads small 0.5% “stumble” in property values in April: RP Data
The most notable capital city decline was in Perth, where property values retreated 2.5% over April to a median of value of $499,000.
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