Property developer Stockland Group has reported a record number of deposits for its residential projects as low interest rates contribute to strong demand for property.

Net deposits on residential lots, townhouses and completed homes jumped 47.7 per cent to 2,301 in the three months to September 30, fom 1,557 in the same period a year ago. Chief executive Mark Steinert said projects in Sydney, Melbourne and south east Queensland made “significant contributions” to the growth…