South East Queensland Australia next property-real-estate to see strong growth
Posted
in Updates
@ Dec 16th 2013 11:59am
- By Garry Larden
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According to many economists, property-real-estate statistical data, and property monitors, South East Queensland, and in particular Brisbane and the corridor from Brisbane to the Gold Coast will be the next area to enjoy a property boom with strong growth just around the corner.
There is no doubt that Sydney and Melbourne would remain top performers as they continued with solid performance, but investors would be smart to look at Brisbane and the Gold Coast because of Sydney and Melbourne’s affordability problem.
There is definitely better growth in Brisbane at the moment because Sydney and Melbourne have already been performing in the past six months. And they’ll probably all perform equally, but the base price is lower in Brisbane making it much more attractive.
Investors are already aware of Brisbane as an alternative, and the market is already showing signs of heating up.
Properties in the corridor between Brisbane and the Gold Coast such as the Logan Shire which is just south of Brisbane haven’t been lasting long on the market and this is a similar story all the way down to the Gold Coast with local and overseas interests pushing the market.