In some parts of Queensland , new apartments are being sold at up to 30% discounts on previous asking prices 

as buyers who bought off-the-plan 2 years ago are failing to obtain finance and settlement.. Bank valuers

are valuing below contract price and buyers who have been effected by the GFC are unable to secure finance.

This is a great time to be looking to buy in Queensland particularly now that Sydney and Melbourne markets are heated.   

In light of there was a 31% increase in the number of sales recorded in Brisbane over the September quarter.