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Strong Queensland Market Good For Potential Sales

By David Bell

Now could be the perfect time to sell property in Rockhampton, with the latest report from the Real Estate Institute of Queensland (REIQ) highlighting the growing strength of the state's property market.

The REIQ Residential Rental Survey, which was conducted in December, found that many regions across the state recorded higher vacancy rates compared to the previous three months.

REIQ Chairperson Rob Honeycombe said these changes in the market were cyclic, with many people vacating rental properties at this time of the year.

Mr Honeycombe said the rental sector has been the better performing section of the market over the last few years.

"Now while the sales market returns to healthy levels of activity after a period of subdued volumes, the rental market is experiencing a slight easing of vacancy rates after a long period of tight rental conditions," said Mr Honeycombe in a January 31 statement.

Owners of real estate in Rockhampton considering selling their property could do well in the current market, and take advantage of the increased buyer demand to secure a great return on their home.

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