Across Queensland, 9.6 percent of homes are worth less than or equal to their initial purchase price while
36.6 percent of homes are worth more than double their initial purchase price. At the end of the
corresponding quarter in 2011, 3.7 percent of homes were worth less than or equal to their initial purchase
price and 40.3 percent of homes were worth more than double. These results highlight the growing impact
of the continued underperformance of the Queensland housing market.
Source: RP Data
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