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The Gold Coast residential land market and new housing market has seen a significant turnaround in sales activity during the March quarter 2009, research by Prodap has revealed.
The report identified a jump in vacant land sales by 78 per cent to 383 over the previous quarter, and sales of house / land packages (including townhouses, duplexes and villas) increased by 103 per cent to 159.
The locations of the sales volume increases were spread across the Gold Coast, with a significant increase in sales occurring in Gaven (Pacific Pines) and Upper Coomera, both on the northern fringe of the Gold Coast.
Retirees have resumed their plans to downsize due to “feeling m...
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