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Real estate in Rockhampton sees vendor asking prices rise

By David Bell

Real estate in Rockhampton appears to be trending upwards after new data found asking prices for Rockhampton property have risen across the board.

The last 12 months have seen the asking prices for real estate in Rockhampton steadily rise, according to SQM Research.

In the last year, the value sought for units has risen 13.6 per cent, while houses enjoyed a 6.7 per cent lift.

SQM's vendor sentiment index found that capital cities are seeing rises in asking prices for units of 0.4 per cent, with houses also enjoying a 1.5 per cent increase over the last 90 days.

For the year, Darwin has enjoyed the greatest leap in the asking prices for houses and units, climbing 11.9 per cent and 19.9 per cent respectively.

Perth also saw a jump in asking prices for houses and units, increasing by 2.1 per cent and 5.9 per cent respectively.

One of the big factors in the rise is the growing demand for property, which has translated to an increased confidence on behalf of the vendor.

These results follow a slump in the market, which came to a head in May of last year. Since then, it's been generally accepted that real estate is on an upswing.

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