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TWENY-twenty was a year âlike no otherâ in the Central Queensland residential housing market.
The Herron Todd White December 2020 Month in Review, released this week, indicated Rockhampton, Gladstone, and Emerald had ârisingâ residential house markets, and Rockhampton and Gladstone had rising unit markets.
The report stated Rockhampton was experiencing âvery buoyantâ and âsometimes crazy activityâ.
Property valuer Cara Pincombe wrote: âThe market as a whole has performed beyond expectations in the Rockhampton and Capricorn Coast area.
âThis has not been limited to a certain sector of the market. All sectors have seen an increase in activity.â
She said first home buyers, upgraders, downsizers, retirees, and investors were all active, thanks to low interest rates, low vacancy rates, and an upward trend of prices.