Queensland Market Monitor

Queensland Market Monitor (QMM) is a quarterly digital publication dedicated to the residential sales and rental markets in Queensland. It serves as a valuable resource for real estate professionals, savvy investors, and potential home buyers. QMM allows you to easily compare different regions and market segments, while also keeping you updated on the latest trends in the Queensland residential property market.

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Articles

Minimum Housing Standards: Buying or selling a Tenanted Property

1 week ago | reiq.com | Abby Shieh

In this article we examine minimum housing standards pursuant to the Residential Tenancies and Rooming Accommodation Act 2008 (Qld) (RTRA Act) in the context of the purchase or sale of a residential property that is already tenanted and potential implications for agents. Minimum housing standardsAs all agents are aware, minimum housing standards in Queensland are prescribed and set out in schedule 5A of the Residential Tenancies and Rooming Accommodation Regulation 2009 (Regulations).
REIQ’s idea realised: homeowners to rent rooms and keep concessions

Jan 16, 2025 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) will throw its support behind a legislative change that will remove restrictions for homeowners wanting to rent out rooms without risk to their concessions or grants at a public hearing next week.
Productivity is key for Queensland's housing ecosystem, says REIQ

Dec 8, 2024 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) is welcoming the Crisafulli Government’s Queensland Productivity Commission (PC), emphasising the pivotal role productivity plays in ensuring a sustainable and balanced housing market and a healthy economy.
REIQ backs first home buyer rental flexibility

Dec 7, 2024 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) is welcoming the Crisafulli Government’s action today to remove restrictions surrounding renting out a room for first home buyers receiving stamp duty concessions. REIQ Acting CEO Kat Beavon said as the state’s peak body for real estate professionals, the REIQ had called for and supports this policy.
Queensland real estate steadies, but set to 'Spring'

Nov 27, 2024 | reiq.com | Claire Ryan

Queensland’s rapidly rising residential property prices stabilised over the September 2024 quarter (July – September 2024), as a wave of Spring sales began settling. The latest median sales results released by the Real Estate Institute of Queensland (REIQ) today, reveals a modest 0.26% increase in Queensland’s median house prices for the quarter, lifting to $772,000.
Beware of misapplying deposits in trust accounts

Nov 25, 2024 | reiq.com | Chris McGill |Carter Newell

One of the key functions of the Agents Financial Administration Act 2014 (Qld) (AFA Act) is to establish a Claim Fund (the Fund) [1] against which a person may make a claim for compensation if they have suffered financial loss because of an agent’s contravention of the AFA Act or other relevant legislation in accordance with section 82 of the AFA Act.
REIQ takes property management training to Papua New Guinea

Nov 20, 2024 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) has reignited its leading property management introduction training in Papua New Guinea (PNG), strengthening its long-standing partnership with the Real Estate Industry Association of Papua New Guinea. REIQ CEO Antonia Mercorella said the REIQ was committed to assisting the Association in their ambition to raise professional standards in PNG.
All stars blazing at state real estate awards night

Nov 17, 2024 | reiq.com | Claire Ryan

The winners of the 2024 Real Estate Institute of Queensland’s (REIQ) Awards for Excellence were announced to elation from a record crowd of over 1,000 real estate professionals at Sunday night’s glamourous gala event at The Star Brisbane. Spanning 29 award categories, the 33rd annual awards celebrate the best in Queensland real estate industry across the state’s diverse regions and professional fields.
Low vacancy rates are the new normal, says REIQ

Nov 3, 2024 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) has released its residential vacancy rates report for the September 2024 quarter, with the peak body noting that tight conditions appear to be ‘the new normal’ for the rental market. Of the 50 local government areas and sub regions covered in the report, vacancy rates tightened in 19, remained unchanged in 18, and relaxed in 13 this quarter. Most changes were a modest 0.1 - 0.2 percentage points.
Future of housing in new hands; REIQ remains hopeful

Nov 1, 2024 | reiq.com | Claire Ryan

The Real Estate Institute of Queensland (REIQ) is welcoming Queensland Premier David Crisafulli’s newly revealed cabinet, who face complex housing challenges ahead.