Return>>> View Stock List
Return>>> Useful Reports & Previous Newsletters
Hottest of the Hot....
Queensland remains the property market of choice for investors across the country - particularly those with a long-term view, real estate author Terry Ryder says.
"Queensland is driven by the pistons of a strong state economy and nation-leading population growth,"
Ryder says on his Hotspotting web site.
"The major markets of south-east Queensland are well into a recovery phase and locations beyond south-east Queensland continue to show life, especially those impacted by the resources boom."
According to BIS Shrapnel forecasts, Brisbane is projected to show the best growth over the next three years and by 2010 will have the leading long-term growth average of Australia's capital cities.
While preferring not to elect individual suburbs as growth hot spots, BIS Shrapnel senior economist Jason Anderson says the imbalance between supply and demand in Brisbane is set to affect apartment prices. Anderson believes the capital will soon face a dire shortage of apartments, especially for renters.
MASS MIGRATION
* According to 2007 ABS figures, Queensland continued its 30-year run as the most popular place for Australians to move to.
* The Sunshine State recorded 98,300 arrivals during 2005-06, of which 51,000 hailed from NSW.
* After taking into account Queenslanders who moved interstate, Queensland gained a net 17,800 population from NSW alone.
Source: Author: Kate Farrelly
Date: March 4, 2008
Publication: Sydney Morning HeraldREIQ Website: 13th March 2008
