"Property Prices in parts of Queensland are booming", and the Auction at 14 Gordon Terrace Indooroopilly was no exception. Selling under the hammer with 93 Bids and at $60,000 over reserve!
"Brisbane prices rose by 1.5% in February, the steepest monthly increase in 14 years."
Eliza Owen, analyst from CoreLogic, says that "the main drivers are record low mortgage rates and relatively low levels of stock on the market."