Fraser Coast market shifts from robust to challenged: REIQ

Fraser Coast market shifts from robust to challenged: REIQ
Fraser Coast market shifts from robust to challenged: REIQ

The Fraser Coast market move from robust to challenged, according to REIQ's latest report.

The Fraser Coast median house price fell 2.3% for the quarter, to $303,000 and over the past 12 months it has demonstrated zero growth (and no contraction either).

Five years ago the annual median house price was $285,000 which means it has grown 7% over five years.

The unit market in the Fraser Coast is very small, with just 52 sales this quarter.

The median unit price fell in the December quarter, by 6.7%, to $230,000 and this makes it one of the most affordable markets in Queensland.

Only Cairns, Mackay and Gladstone have more affordable unit markets.

A four bedroom house at 36 Panorama Drive, Maryborough (above) has been listed for $305,000.

Similarly a three bedroom house at 1 Fraser Drive, River Heads (below) has been listed for $300,000.

Fraser Coast market shifts from robust to challenged: REIQ

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Reiq Fraser Coast

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