Strengthening buyers market in Queensland
Anyone considering Burpengary property over the coming months could be in for good news, with the latest Commonwealth Bank/RP Data Home Buyers Index offering some insight into the shifting attitudes in the Queensland real estate market.
The latest figures have found the region heavily favours buyers, with an oversupply of property when compared to demands. This makes it a great environment for people to secure a great property deal in the future, shifting the power to buyers and allowing for extended levels of negotiation.
RP Data national research director Tim Lawless said these favourable conditions should be taken advantage of by buyers, with regional and coastal properties selling extremely well across the region.
"We saw a shift in a number of property markets, which gave buyers the upper hand in August 2014, while continuing good buying conditions in Queensland and Tasmania make these the most favourable states to buy a property," said Mr Lawless in a 11 October statement.
Now could be a great time to consider getting in touch with a local real estate agent and investigating the property options available to you in Burpengary. The low interest rates and accommodating market offer a number of brilliant opportunities for buyers across Queensland.