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Rent increase in Fraser Coast

The November 2017 release of the Regional Radar revealed that the median asking rent for houses increased by 4.9% in Fraser Coast, compared to the same quarter last year. Whereas median unit price held steady at $250,000 over the last quarter.

It also reported that median land price fell by 5.3%, to an affordable $135,000 compared to the previous 12 month period.

Branch President Kane Macready said the slight drop in median time on the market for houses was a good sign.

“This is a good indicator that demand might be ticking up a bit locally,” Kane said.

View the November 2017 Fraser Coast Regional Radar.

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