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Property Sales Rise Across QLD

There is further good news for the Queensland property market, as new data shows the state's Titles Registry dealt with an increased number of lodgements last year.

The majority of lodgements were title transfers, which includes property sales, mortgage releases and new mortgages, potentially highlighting the popularity of Morningside real estate.

Minister for natural resources and mines Andrew Cripps said December proved an especially strong month.

"To average 3,240 lodgements in December 2013 compares favourably to the 2012 daily average of 2,470 lodgements and the 2,350 average per day recorded during 2011," he commented.

Mr Cripps also announced a steady increase in the number of new lot creations – an average of 3,460 were made available per month for a variety of building projects, including housing developments and subdivisions.

The Department of Natural Resources and Mines' eLodgement system has proved especially popular over recent months, as it gives people a much easier method of interactions with the Queensland Titles Registry.

This follows the announcement by the Housing Industry Association that building activity has increased across Queensland, especially in areas that had not previously benefited from the resources boom.

The multi-unit market is particularly strong at the moment and is making a significant contribution to the Queensland economy.

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