In the Media

  • Rockhampton’s Top Property Performer

    Published in: Press Release
    Published on: 25 Jul 2010

    Gracemere Heights, one of Excel Development Group's successful residential estates located in Rockhampton has quickly become a top property performer with Gracemere recording the highest growth rates in the region at 100% over 5 years according to the latest figures from the Real Estate Institute of Queensland.

    Speaking to the Morning Bulletin in Rockhampton, REIQ Managing Director, Dan Molloy said 'quiet acheivers' like Gracemere were particullaly popular with families and first home buyers.  "Gracemere has become increasingly popular with buyers over recent years and given this population growth, new residential estates and commercial developments have been constructed in the area," he said.

    Gracemere Heights is expected to continue this impressive growth with over 40 house and land packages sold in the past month.

    Director of Excel Development Group, Peter Sherrie is happy with the results. "We've developed a strong and sustainable community in the area which has clearly been very popular with locals and those working in the region's mining and agriculture operations."