Real estate analyst Terry Ryder.
Real estate analyst Terry Ryder.

CQ real estate ‘standout’ across country: report

Central Queensland suburbs topped a recently-released real estate index of areas across the country that grew throughout the year.

Terry Ryder’s summer 2020-21 National Price Predictor Index listed the top “super-charged” suburbs across the country, putting Emerald in the top five and Rockhampton and Gladstone postcodes in the top 50.

“The recovery in locations impacted by the resources sector is a standout feature of this survey,” the report said.

“The Central Queensland regional centre of Emerald provides a stark example … with current sales levels double those of a year earlier.

“The median house price has risen 6.5 per cent to $340,000 in the past year.

“Vacancies, which were around 10 per cent four years ago, are now below 1 per cent.”

The report also said there had been “notable upturns” in Gladstone and Mount Isa.

Median house prices for Gracemere were listed as $270,000 and New Auckland for $320,000.

Sales were said to be up 23 per cent at Moranbah and 10 per cent at Clermont.

The report said a theme across Australia was the relocation of people from resident to more affordable locations “that offer lifestyle”.

“This trend has been gathering speed for a number of years and has been enhanced by the pandemic period, with its enforced lockdown phases,” it said.

“Regional areas in particular have attracted increased demand as a result of this pattern.

“In the most populous states – NSW, Victoria and Queensland – the regional jurisdictions have out-performed their capital cities on the number of suburbs or towns with rising sales activity.”



Committee to be established as Philip St precinct takes shape

Premium Content Committee to be established as Philip St precinct takes...

The committee will oversee the precinct’s progress and initiatives.

NSW trip proves costly for Gladstone man

Premium Content NSW trip proves costly for Gladstone man

A Gladstone man’s holiday to Sydney landed him in trouble.

Helicopter tasked to Heron Island to treat patient

Premium Content Helicopter tasked to Heron Island to treat patient

A woman on Heron Island was flown to hospital on Wednesday morning.