October 25, 2013
Another look at the property statistics with the traditional selling season now upon us. Taking a look at Eight Mile Plains QLD this time round, the latest data shows a medium house price of $580,000 and medium unit price of $405,000. With Supply currently sitting at about 104 compared to 151 this time last year, demand is up to 4,152 up from 3,541 time last year. Clearly more people are thinking about buying and this should be seen as a good sign for the market but we just need to see the number of actual sales increase before we start to celebrate.