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November 12, 2020

Is South East Queensland the Next Hot Spot?

Is South East Queensland the Next Hot Spot

South east Queensland is experience a steady population growth because of lifestyle and property prices. There is no doubt that a lot of first-home buyers as well as investors from down south are looking to Queensland to purchase property and in particular, south east Queensland. Every one knows how difficult it is to get into the Sydney and Melbourne property markets and with Brisbane and the Gold Coast becoming such vibrant cities (combined with cheaper property prices) south east Queensland is really attracting a lot of new blood.

As well as affordable property the other things Queensland has going for it is the sunshine, close proximity to some of Australia’s best beaches, major sporting events, a unique café culture, bustling nightlife, affordable lifestyle, a reputation for good food and an economy that is picking up with infrastructure booming. Brisbane can no longer be considered a backwater city and enjoys the worlds attention for theatre, culture and information technology. There is now a light rail and train system that will take you from the Gold Coast all the way to Brisbane.

When looking for suitable areas to purchase property – whether as in investment or a home – you are always going to do well in areas that have good access to schools, shops, transport hubs, parks and educational facilities.

Another unique aspect of Queensland property is the architecture. Some of the older cities such as Ipswich and Toowoomba, as well as suburbs of Brisbane, are full of the classic Queenslander style home – wrap around verandas, weatherboard, corrugated iron roof, single storey and set up high to take advantage of breezes – for those who enjoy those kinds of features.

Areas to keep an eye on:

Sunshine Coast – Benefiting from increased tourism especially from overseas.

Moreton Bay – Particularly areas like North Lakes and Kurwongbah.

Toowoomba – Lifestyle, value, and strong house price growth

Ipswich - The Queensland Government has earmarked Ipswich and its surrounding suburbs as a major growth corridor and it’s the next location for Queensland’s second Costco megastore.

Logan – about to embark on a major growth phase.

Broadbeach – Outdoor lifestyle, wide range of eateries, shopping complexes and beautiful parks and beaches.

This article is for information purposes only and is not legal advice. Always consult a professional before making any decisions. Monkey Conveyancing makes no representations as to the accuracy or completeness of any information on our blog or found by following any link(s) included therein.