Property prices are going gangbusters
The property market continues to strengthen with the latest figures showing an average auction clearance rate of 63% across the country.
Property prices are also rising with houses in St Andrews Beach in Victoria increasing by a staggering 58.6%.
Warren McCarthy from McCarthy Property Consultants says despite rising property prices across the country, there are a selection of suburbs in Queensland where prices are lower now than when the pandemic began.
He says, “there’s a place called Willow Vale on the Gold Coast hinterland where the median price was $729,000 and it’s now $665,000.”
Property consultant Warren McCarthy joins Luke Grant to discuss increasing property prices and the few Queensland suburbs where prices are sitting below pre-pandemic levels.
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