The document provides a quarterly summary of property price movements and sales activity across Queensland from March 2012. Some key points:
- House prices increased in most areas of Queensland over the quarter, with strong growth in regions like Fraser Coast (7.8% increase) and Cairns (4.5% increase).
- Unit sales increased 11% statewide compared to the previous quarter, with a large rise in sales of units between $250,000-$350,000.
- Vacant land sales rose 4% statewide overall, with increases primarily in southeast Queensland.
- Rental vacancy rates tightened across most regions as demand from tenants strengthened.