One of Queensland’s cheapest houses has sold for less than $100,000 in Rockhampton.

The sale shows the continued dive in house prices since the resource downturn hit the region between 2007 and 2008.

Rockhampton’s median house price is $313,750, which slumped 8.4 per cent since last year, according to Domain Group data.

The three-bedroom house in the town’s centre attracted huge interest when it was posted on the real estate agency’s Facebook page for $99,000.

Ray White Rockhampton spokesperson John Casey would not disclose the final selling price, but confirmed it was sold for less than $100,000 and “close to the asking price”.

“It’s very rare to see a property sell under $100,000 and I don’t think I have seen one that price is a very long time,” Mr Casey said. “The owners just wanted to get rid of it.”

The Ellis Street home sold close to its 1997 sale price of $94,000, a big knock to its owners who paid $259,000 for the home in 2007.

“We had 73 inquiries in three days,” Mr Casey said. “Seven offers were made and four of them were sight unseen – a lot of people wanted to get their hands on it because of the price.”

Rockhampton’s REIQ chairman Noel Livingstone recently told Domain the downturn had impacted the region’s property market.

“It’s gone back a little bit, which is a lot ot do with the slowdown in the mining industry,” he said.

However, Mr Casey said Rockhampton also had its share of million-dollar homes.

“Rockhampton has one of the widest ranges of properties, which is spread right across all price brackets,” he said.

And there is no shortage of cheap homes in Rockhampton.

Alongside the Fitzroy River, a three-bedroom South Street property is on the market for $149,000.

And a two-bedroom cottage on Denison Street is going for $129,000.