Property Futures

Real Estate News, Reviews and Investment

Better times tipped for Queensland

News: two Australian markets to experience an upsurge.

The Gold Coast property market in Australia is set to see improvements in the second half of 2012 with telltale signs there may already be an upswing in the number of buyers.

Image

A gradual recovery

According to a PRD nationwide research, it has been discerned that the recovery of real estate activities will be gradual.

Research findings:

  • Robert Matta, analyst at PRDnationwide says indicators suggest a likely uptrend in the Gold Coast marked very soon.
  • There are exceptional buying opportunities for buyers who are willing to challenge the market and buy well.
  • Buyers have been saving for an opportune time to buy real estate on the Gold Coast and this may well be that time.
  • Investors have been sitting on the sidelines for several years but as rental yields increase, they may want to enter the market.
  • Adjustments of venders’ prices and consumer-jittery outlooks have combined to create a major challenge for investors.
  • Despite negative property data and investor sentiments, taking the risk of entering the market often yields the greatest returns.

Against this backdrop of dithering investor sentiment, real-estate activity in the future continues to be bleak. It only needs a change in investor confidence to break the lull and for the market to return to its former days.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog Stats

  • 26,827 hits

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 66 other followers

Property Futures: All discussion – No sales message

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 66 other followers

%d bloggers like this: