More Australians are looking to capitalise on the housing market, with a study pinpointing property as the ultimate wealth status symbol.
More Australians are looking to capitalise on the housing market, with a study pinpointing property as the ultimate wealth status symbol.
(BIS Oxford Economics – QBE Housing Report)
The strongest outlook for capital city property prices across the nation is forecast for Brisbane. It is predicted that a combination of rising population growth and rapidly falling supply will fuel this forecast growth. With the Queensland economy also forecast to strengthen, residential price growth is forecast to steadily accelerate by 20.3% through to 2021/22.
Brisbane house market - Opportunity abounds
Tourism is boosting economy and affordability remains advantageous
Brisbane’s residential market did not see the same magnitude of residential price growth over the last cycle compared to Sydney and Melbourne. With affordability less strained…the detached housing market is estimated to be in relative balance with the unit oversupply reflected in the higher vacancy rate in the inner suburbs.
QUEENSLAND is on the cusp of a housing boom fuelled by Sydney and Melbourne’s property woes, with a leading analyst predicting interstate migration to hit a record high by next year — putting upward pressure on home prices.
Ipswich City Council has paved the way for Brisbane Lions to build a boutique football stadium at Springfield Central.
It gives the Lions the green light to start construction on the $70 million facility, which was secured with the financial support of council, the Federal and State Governments, Springfield City Group and the AFL.
Bethany Christian Care wants to build 200 independent retirement living units and a 100-bed aged care facility on a 14.47 acre site at Redbank Plains.