Sale sends good sign

IN ANOTHER sign the Ipswich property market is turning the corner, an almost 200-year-old house in the heart of Ipswich has sold for $650,000.

Ipswich realtors have pointed to the sale of a Quarry St property for $650,000 as further evidence of the property market rebounding. . Picture: Contributed

AN almost 200-year-old house in the heart of Ipswich has sold for $650,000.

In another sign the Ipswich property market is turning the corner, the house on Quarry St saw nearly 80 groups inspect it before selling on Saturday.

Ray White Ipswich auctioneer Trent Quinn said people were realising now was a good time to trade up.

"It's a really good time to be looking at going from your first to second home, or second to third," he said.

"You might be selling for a bit less, but you're buying for a bit less too."

Mr Quinn said he was not surprised the Quarry St house, built around 1893, went for such a strong price.

"It was a beautifully presented home in one of the best areas in town. It was one of those stereotypical Ipswich character homes."

The four-bedroom house is located on a 1265-square-metre block and includes a pool and granny flat.

The sale comes after The Queensland Times reported October had been one of the strongest months for Ipswich realtors since the flood.

A number of real estate agents stated October had seen an increase in sales and interest in properties after a weak year.

"I would endorse all the comments made by other agents in Saturday's QT," Mr Quinn said.

"We've seen a significant increase in foot traffic in our open homes and an increase in our online numbers, hits and click-through rates."

Originally published as Sale sends good sign