Newspaper article The Morning Bulletin (Rockhampton, Australia)

Real Estate Bounces Back; {lsquo}There's Never Been a Better Time to Buy'

Newspaper article The Morning Bulletin (Rockhampton, Australia)

Real Estate Bounces Back; {lsquo}There's Never Been a Better Time to Buy'

Article excerpt

Byline: NO BYLINE PLEASE

THINKING about getting into the property market?

There has "never been a better time" according to Ray White Rockhampton principal Mark Shore.

His comments come after it was revealed Rockhampton's real estate market recorded a drop in total sales of more than $200 million last year.

But it's by no means doom and gloom.

Despite the fall in total property sales in 2008 from the previous year, Mr Shore said his agency had posted personal bests for trading in January and February this year.

He said low interest rates, banks offering low interest on deposits and the lack of confidence in super funds and the stock market were bringing locals "back to bricks and mortar".

Mr Shore said he expected the market in Rockhampton to stay strong this year.

After buying a home at Norman Gardens this week, Melissa Hytch agreed it was a perfect time to purchase with low interest rates and competitive house prices in Rockhampton. …

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