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Strength of Surfers Paradise Property Market Highlighted by REIQ Report

By Andrew Bell

Selling Surfers Paradise property in the near future could be a lucrative venture for anyone interested in selling their investment real estate, with the latest Real Estate Institute of Queensland (REIQ) report highlighting the increased strength of the market during the final quarter of 2013. 

The REIQ December Quarter Median House Price report, which was released late last week (February 21), said the volume of properties sold during the last three months of 2013 rose to the annual peak, as well as being one of the healthiest quarters in a number of years. 

This could be great news for those looking into selling their properties in Surfers Paradise, especially with increasing buyer demand being encouraged by low interest rates – something that could result in a fantastic sales result in the coming months. 

"Our most recent peak was in September 2012 when the return of stamp duty concessions underpinned the increased sales activity. However, the strength of this latest quarter was a direct reflection of our improving market and growing confidence levels," said Mr Anton Kardash, chief executive officer for the REIQ, in a February 21 statement.

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