REIQ In The News 

 

Toowoomba vs Brisbane: Why it's better to buy here
THERE are many benefits to living in Toowoomba, but the bang you get for your buck in the Garden City housing market is attracting buyers in waves.
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Hervey Bay property market on target
RENTAL vacancy rate data has revealed a recovering market in Hervey Bay.
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Justin Nickerson takes home REIQ auctioneering prize for a record fourth time
Justin Nickerson, the REIA's reigning Australasian auctioneering champion, has won the Queensland heats for the fourth time, putting him in the running to defend his national title.
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Townsville’s rental market showing signs of recovery
TOWNSVILLE’S rental market is showing signs of recovery with vacancy rates falling to the lowest levels since December 2014.
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House on the hill to go to auction
ONE of Townsville’s most iconic homes is about to go under the hammer after receiving huge interest from potential buyers.
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Pensioners hurt by Gympie's growing rental market
GYMPIE'S aging residents could find themselves squeezed out of the region's booming rental market.
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New rules regarding Australian citizenship declaration
We answer Dave’s question about who is responsible for declaring foreign ownership, in the purchase and sale of a property. Head of the REIQ, Antonia Mercorella has the answer.
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REIQ Auctioneer of the year wins title for fourth time
Mr Nickerson is the reigning REIA Australasian Auctioneer of the Year and has won the state event in 2013, 2016, 2017 and 2018.
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Rise in prices tipped for Townsville
A LEADING real estate ­expert says an increase in sales volumes in Townsville is pointing to a rise in prices.
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These are the suburbs where prices are tipped to grow
AS southern property markets start to cool, the market is heating up in dozens of Brisbane suburbs.
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REIQ says Redland rental market is in good condition
REDLAND rental vacancies remain tight to good, according to REIQ quarterly data.
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Gladstone rental vacancy rates show improvement
THE Real Estate Institute of Queensland's quarterly rental vacancy rate data for the June quarter has revealed a tightening through much of regional Queensland, including Gladstone, indicating a recovery is on the cards in the state's weaker markets.
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The community rallied to find a new name for our region
THE name Sunshine Coast is now well known, but back in the 1950s and early 1960s, when the area was known as the Near North Coast, there was a grassroots movement in the community to find a more appealing and memorable name that would help attract tourists and investment to the area.
Cairns rental vacancy rate remains tight with new unit stock in short supply
A SOFT Cairns unit market, compounded by a nationwide crackdown on investment loans, is expected to keep rentals in short supply for the foreseeable future.
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It pays to understand the checks and balances when subleasing for AirBnB
THE  popularity of AirBnB continues to grow and the opportunity to make some extra cash is appealing to many, whether they are homeowners or renters. This leads to the question of can a tenant legally sublease part or all of their rented property on AirBnB? And, if so, under what circumstances can they do so?
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Gold Coast’s Glitter Strip is shining again as market heats up
The Commonwealth Games might be just over a year away but it is the Gold Coast’s property market that’s making up serious ground with a resurgence in vendor confidence and buyer interest.
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Oversupply of Rocky homes good news for renters
IN GOOD news for rental tenants and bad news for landlords and property developers, Rockhampton has an oversupply of vacant rental properties according to the latest REIQ property data.
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North Queensland's property market shows signs of improving, but island apartments still cheap
When it comes to real estate you would be lucky to find a decent property in a capital city for under $320,000.
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A life of love for community
THE Granite Belt has repeatedly reinvented itself through the evolution of its key industries.
City's rental market 'strong' despite rise in vacancies
RENTAL vacancy rates in Toowoomba may have increased in the past financial year, but the region could be on the precipice of a potential real estate revival.
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Milestone: Sunshine Coast marks 50 years
August 1 marks 50 years since the Sunshine Coast was officially named. With the anniversary upon us, MWP takes a look back at the region’s history.
Stockland’s Mark Steinert cools on Brisbane apartments
The chief of Australia’s biggest property company, Stockland’s Mark Steinert, has declared Brisbane’s inner-city apartment market oversupplied and will hold off on constructing a major mixed-use development until the short-term issue is resolved.
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Queensland vacancy rates tighten as does Inner Brisbane vacancies
The REIQ quarterly rental vacancy rate data for the June quarter has revealed a tightening in inner Brisbane.
Growth in Queensland employment over inflated, Propertyology
The growth in Queensland employment is being artificially inflated by one sector, according to research from Propertyology, a professional services property investment firm.
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Capital city buyers fed up with unaffordable property prices are heading to Townsville
TOWNSVILLE is attracting the attention of home buyers from capital cities drawn to the region’s affordable property market.

Owner-occupiers, investors and people looking to buy land and build their dream home are eyeing off opportunities in Townsville.
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Should you rent out your own home? Property expert Peter Koulizos gives his thoughts
When it comes time to move out of home or change rental accommodation, one of the biggest considerations is to whether to live alone or to share with housemates. Strong arguments can be made for both and it comes down to the lifestyle you want to have.
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Strong Growth Hidden In Brisbane’s Middle Ring: Everton Park Suburb Profile
Driven by a combination of land scarcity, population growth and a strong economic outlook, Brisbane’s housing market has shown no signs of slowing down – and it’s this positive outlook that is propelling investors and developers into Brisbane’s middle-ring.
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House prices up on the Gold Coast as it ‘clearly outpaces’ Brisbane
The year-on-year price rise of 7.4 per cent on the Gold Coast was more than double Brisbane’s, which was at 3.1 per cent, Domain Group data has shown.
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Some short property courses are poor, says REIQ 
Some budding real estate professionals who complete quick courses on offer may not be adequately prepared for the demands of the job they have trained for, the REIQ has said following the release of a new report which has called into question the legitimacy of unduly short professional courses.  
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Pine Rivers’ rental market is ‘tightest in the state’ according to new CoreLogic figures
NEW figures have revealed the hardest place in Queensland to find rental accommodation.
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Housing revival tipped for Townsville
DEVELOPERS are eyeing unit projects in Townsville as a series of major developments and an uplift in inner-city home sales point to a much-anticipated recovery.
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Market insight with REIQ Zone Chair Damien Keyes
CONSUMERS are increasingly invited to publicly judge the service and quality of the product they receive by posting to online and social media review sites.
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Why the Gold Coast is a rental hotspot
IT HAS never been easier to find tenants on the Gold Coast with seven suburbs featuring in the nation’s top 10 rental hot spots.
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Cool Cairns weather boosts FNQ real estate sale numbers
MID-WINTER in Far North Queensland, with hotels at ­capacity and glorious weather, is also considered a prime time for selling real estate.
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Townsville in top 10 best places to buy
INVESTORS are eyeing cheap houses in Townsville, with the city named among the top 10 best places to buy in Australia.
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Tenants are forking out as much as $3000 a week for Queensland’s ritziest rentals
TENANTS are forking out as much as $3000 a week to rent some of Queensland’s most luxurious homes.
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Have your say on body corporate issues
Queenslanders are invited to have their say on body corporate procedural issues, with the release an independent report that is now available for consultation.
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Consumer sentiment in Qld among the highest of the States
Consumers in Queensland has grown again, rising 3.3 per cent in the month according to the latest Westpac-Melbourne Institute Consumer Sentiment Index.
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Units affordable but rents rising
MANLY West is among Brisbane’s most affordable suburbs to buy a unit, according to new research.
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Property investors to prevent pension time bomb
The aged pension is an unsustainable financial time bomb that may bankrupt the country in the years ahead, according to research by Propertyology.
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Market glut hits apartment demand
When unit owners contact Frank Gosdschan’s office looking to put their properties on the market, the Brisbane real estate agent asks: “Do you really need to sell?”
 
Traffic congestion, bottlenecks and car crashes not putting Brisbane buyers off
While plenty like to complain about the traffic, Brisbane buyers are not deterred when it comes to buying properties at notorious traffic “choke points”.
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Market wrap: How Townsville property is performing
IT’S tough going for Townsville’s property market despite having cashed in on more than $258 million worth of property sales in the past six months. 
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Tax Hikes Are Driving Chinese Investors Away
An avalanche of government changes imposed on foreign property investors risks “killing the golden goose,” warned Victorian property developer Tim Gurner.
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Toowoomba ranked third-strongest performing regional housing market in Queensland
Toowoomba’s property market continues to perform strongly, according to REIQ's latest Queensland Market Monitor’s quarterly report.
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Better planning for Queensland starts today
The Palaszczuk Government’s new planning system has commenced today ensuring the community is at the forefront of the planning process across Queensland.
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Tips for settlement — why Tuesdays are better than Fridays
THE most common day to settle a property is Friday, chosen by purchasers in order to move into their new home over the weekend — however, the REIQ advises that purchasers may want to consider a either a settlement in the early half of the week.
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Price boom: How this became Coast's most exclusive suburb
THE property market in Alexandra Headland is booming thanks to a pristine location that combines beach, dining and entertainment.
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These Townsville suburbs are turning a profit for investors
DO you own an investment property in Cosgrove, Horseshoe Bay or Shaw?

If so, you’re in luck with the popular suburbs having recorded a significant jump in weekly rental returns.
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Affordable and beautiful, Cairns delivers the goods for former Sydney locals
A LARGE house with a swimming pool and deck was once a pipe dream for Skye and Elliot Quinn, former Sydneysiders turned proud Brinsmead homeowners.
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Revive 2017 Round Table Series: Queensland
Elite Agent is following the Revive 2017 Wellness and Wellbeing Round Table Series tour as it makes it’s way across four of Australia’s capitals. The was at the brand new REIQ House in Queensland yesterday, and with only one more stop to go in Sydney today, we look at some of the ideas for wellness initiatives that can help create well-beings in your office. 
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Gold Coast hits $615,000 median house price
The Gold Coast housing market is the juggernaut of the southeast, reaching a new high median house price of $615,000 for the March quarter, according to REIQ's latest Queensland Market Monitor quarterly report.
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Homebuyers still the big winners in Townsville property market
HOMEBUYERS continue to be the big winners in Townsville’s property market as the city records a 43.2 per cent loss of all resales in the last quarter.
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REVEALED: Unexpected jump in number of homes sold this month
MORE homes are selling in Gladstone in a relieving change for real estate agents and the property market.
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Toowoomba buyers willing to wait
SWITCHED-on buyers are looking for property in Toowoomba, but they are happy to wait until the price is right.
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REVEALED: Five Mackay suburbs to watch as buyers return
BUYERS are returning to the Mackay real estate market.

Although prices have not yet rebounded, Real Estate Institute of Queensland Mackay zone chair Peter McFarlane said he was seeing more people looking to get into the housing market.
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Government 'wrong' on home buyer's grant
THE Queensland Government needs to extend the first home buyer's grant to cover existing properties, Ray White Gladstone director John Fieldus says. 
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Nine out of ten Gold Coast sellers made a tidy recent profit
GOLD Coast homeowners have chalked up more than $490 million in profits in just three months.

Figures released today reveal nine out of ten sellers made a profit when they sold their property during the March quarter.
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First home buyer's grant should boost market
THERE are hopes the extended first home buyer's grant will boost Rockhampton property sales over the coming months.
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Why Toowoomba housing market is strong performer
TOOWOOMBA still has a strong housing market but demand is slowing, according to the state's peak real estate body.
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Miami homeowners the big winners of Gold Coast property boom
HOMEOWNERS in Miami are the big winners of the Gold Coast property boom, enjoying a 65 per cent increase in houses prices since 2012.
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Mackay's housing median price sees second-largest annual fall
Mackay's housing market has had its second-largest annual housing median price fall, according to the REIQ'S Queensland Monitor Market's latest report.
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