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Waikato ends year with record median property prices, Aucklanders release a boost

Waikato ends year with record median property prices, Aucklanders release a boost
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The Whitsunday town where house prices are on the rise

Premium Content Subscriber only House prices in Bowen are on the up while units across Airlie Beach and Cannonvale are inching steadily closer to previous highs. The December Real Estate Institute of Queensland market report found across the Whitsundays, more than 450 homes were sold in 2020. Of these, 372 were houses under 2400sq m that sold for an average price of $350,000. This was only a marginal 0.7 per cent boost from 2019 sales. Buyers with their eyes on Bowen snapped up 125 of these properties for an average price of $268,500, which was a 7.4 per cent bump from 2019. More than 450 houses were sold across the Whitsundays in 2020. Picture: File

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Where to buy to ride Mackay s meteoric property prices

Premium Content Subscriber only BUYERS are looking to Mackay for a home and a future with the region s property market defying COVID-19 expectations. The December Real Estate Institute of Queensland market report found Mackay house prices rose by 6 per cent over 12 months, making the region one of the best performers in Queensland. The Mackay region has been waiting longer than it should have for improving market conditions, but it appears they have well and truly arrived, REIQ said. REIQ said buyers were snapping up the increasing number of homes going to market, with the number of house sales increasing by nearly 13 per cent.

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