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1.Market Observations

21 Jan 2013 (AFR) – Gold Coast market hopes to exit slump via super auctions

(21 Jan 2013, AFR, p3, Rebecca Thistleton)

‘Millions of dollars worth of distressed properties and prominent homes with well-known owners have been listed for sale on the Gold Coast, where prices have fallen up to 50 per cent in the past four to five years. Queensland real estate agents traditionally hold big January auctions to kick off the selling year, and after a dismal 2012, hope some life will be injected into the market this month.’

Read more at AFR.com (might need AFR login access – try registering for free at afr.com/summer)

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