Gold Coast's highest quarterly house price increase of major QLD regions
Michael CrawfordDecember 7, 2020
The Gold Coast had the highest quarterly house price increase of all major regions with a 3.8% increase compared to the previous quarter, recording a new median house price record of $545,000, according to the REIQ.
Ipswich is the standout Queensland performer in the Greater Brisbane area with the highest quarterly increase in the median house price increasing 1.6% to $320,00.
The latest data from the September quarter released by the REIQ found ouse sales over the quarter were up 12% in Ipswich. Annual house listings increased 3.6%.
The median house price in the Brisbane LGA was recorded at a new high of $615,000, and Cairns recorded a 2.6% increase.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.