If you’ve ever considered buying Bulimba real estate, now may be the perfect time to make your move.
The Queensland residential property market is continuing to grow, with prices firming in many areas over the September quarter.
The Real Estate Institute of Queensland (REIQ) has released figures showing preliminary numbers of sales of houses across Queensland have risen by 9 per cent during the September quarter.
REIQ CEO Anton Kardash notes the property market in Queensland has posted strong results over the past year, and there is now no doubt of the growth phase the majority of the market is experiencing.
Mr Kardash believes the Queensland growth is sustainable, especially when compared with more rapid rises in Melbourne and Sydney property markets.
“It’s also important to remember that house prices in Queensland still remain slightly below their most recent peak so we are not talking about significant gains taking place over short timeframes,” said Mr Kardash.
If you are considering making the most of the positive market conditions in the area, get in touch with the team at Ray White Bulimba to discuss your options.