Why Invest In QLD Property

Queensland is one of the fastest growing regions not only in Australia, but in the world, with South East Queensland leading that growth.

The burgeoning population is far outstripping housing availability, and will continue to do so for many years to come, according to government and industry sources, who say there is a current shortfall of 20,000 houses in the State.

The highly respected Matusik Property Insights report says Queensland is running at a 46 per cent housing shortage. It also predicts rents to rise by 17 per cent in the next 18 months. Rental vacancy rates are below 1.7 per cent. That's a great incentive for property investment.

As well, property prices are set to soar again, with ANZ Senior Economist Paul Braddick quoted as predicting "the mother of all housing booms."

Meanwhile, affordable land and housing is still available in the growth areas in the south east of the state.

The facts file on Queensland is impressive:

  • The State is attracting a third of the 306,000 migrants a year to Australia, as well as 75,000 from NSW and Victoria.
  • The economy is robust, and unemployment at a low three per cent, with the mining boom a major contributor.
  • Brisbane's population will swell from 1.8 million to 2.6 million in the next decade.
  • Ipswich's population will double during this period.
  • House prices in Queensland will quadruple, with the value of the average home climbing to $1.88 million.
  • Wages will increase four-fold to an average of $194,000.
  • Brisbane airport will be Australia's second busiest airport.
  • Meanwhile, Queensland's State Government has committed to a huge no-debt expenditure on infrastructure, including $5 billion on roads, more $300 million on the Tugun bypass and a $1.7 billion rail extension from Robina to Coolangatta.
  • Twenty-nine new schools are planned for the Gold Coast-Brisbane area.
  • $500 million is marked for a new hospital at Coomera, as well as more than $20 million for a health complex at Robina.
  • A $2 billion commercial development is planned for the Coomera area.
  • Queenslanders continue to enjoy lower petrol prices.
  • The State's magnificent climate will always be a magnet for tourists and new settlers.

Property is one of the most dependable long term ways to build your wealth. Property Performs!