Investment Property Research Brisbane and South East Queensland

The Sunshine State is the nation's fastest growing state, has record low unemployment and a strong economy plus a very solid property market.  Many Queensland regions have experienced double digit median house price growth over the 12 months to end the December 2009.  Right across the state, the health of the Queensland property market continues to be reflective of the State's robust economic position.

Since the 1996 Census, Queensland’s population is up 20.2 per cent with about 3.9 million people now choosing to live in the Sunshine State. About 1,500 people continue to migrate to Queensland from interstate every week. Population growth, low unemployment, a strong economy and increasing infrastructure have all combined to make Queensland the place to be.

 

Median house prices of under $300,000 can still be found in regions such as Toowoomba, the Wide Bay, Northern and Central parts Queensland.  While closer to Brisbane, the surrounding shires of Logan, Beaudesert, Pine Rivers and Ipswich all still have medians under $350,000.

The resources boom is yet again responsible for very strong growth in median house prices in mining regions across the State. Median house prices in Mackay and the Whitsundays are up to $380,000 and $400,000 respectively.  North and Far North Queensland are also recording solid increases and sales activity.

On a whole Queensland can offer good capital and income growth for long term investors.