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Rockhampton real estate revealed as one of state’s cheapest

By David Bell

If you are looking to buy real estate in Rockhampton, the Real Estate Institute of Queensland (REIQ) has some good news for you – it's one of the cheapest places to live in the whole state.

Over the September quarter, median residential property was priced at $177,500.

And data from the REIQ shows that buyers are looking to capitalise on the increasing number of cheaper homes, with its chief executive Anton Kardash saying confidence and interest rates are driving this growth.

He observed: "Demand for residential property in Queensland was fairly subdued until earlier this year when REIQ accredited agencies began to report more traffic through open homes and, most importantly, more buyers prepared to buy.

"Activity has been increasing throughout the year, so we are confident that 2013 will be an even better year for the Queensland property market."

Such is the demand for these less expensive properties across the Sunshine State that stock is actually drying up – something which Anton said hasn't been seen for a significant period of time.

Talk to Ray White Rockhampton and their principal David Bell and let their expert service take the stress out of real estate. Their knowledge and experience will ensure that no matter what your goal, they'll help you achieve it.

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