Market on the way up

Recent sales in QLD are showing the Real Estate Market is moving forward with properties that were bought at the peak of the Market in 2007 now selling at auction for a good profit.

Five bedroom Queenslander on a 835sq block sold for $1.115 million.(Sept 2009)

These are great signs when all the talk has been about market prices that are falling, these are signs that the real estate market is starting to turn around with may more people and registered bidders attending auctions. some properties are selling before auction not even making it to the market.