PHOTO: Estates on the Sunshine Coast are booming. Source: Supplied.

THE cost of residential land lots in Australia has hit a record, pushing prices in some regions of Queensland to the highest in the country.

The latest HIA-CoreLogic Residential Land Report, out today, found that the median vacant residential land lot price hit an all-time high in the September 2017 quarter to $267,368. It was a massive 10.9 per cent jump on the same period in 2016.

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