Queensland Property Market Continues to Boom as Prices Surge
Queensland's property market continues to surge, with the latest REIQ data showing strong growth across the state. Median house prices have risen 12.14% annually to $773,000, while units saw a 14.14% jump to $609,000. Regional areas like Rockhampton and Townsville led the way in growth, with homes selling faster than ever. However, rising prices and the deposit gap are making it harder for first-home buyers, prompting the REIQ to call for government action to support them.