Low interest rates could mean positive growth for Gold Coast property market!

The Reserve Bank continues to hold its cash rate yet again last week, which could mean some positive growth for the Gold Coast property market, as reported by abc.net.au last week.

The article states that “REIQ spokeswoman Antonia Mercorella says it is particularly good news for the Gold Coast, Cairns and the Sunshine Coast.
“We believe that the interest rate being kept at these record lows creates an excellent opportunity for some healthy growth in the Queensland property market,” she said.”

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