A big rise in investor enquiry is likely to keep pushing up prices in Queensland's capital.

5-10-2021

Growth stayed strong in Brisbane’s residential market in September, with a fundamental imbalance between supply and demand being exacerbated by low mortgage rates and rising interest from investors.

According to CoreLogic data, total advertised stock in Brisbane is still 28.7 per cent lower up to August 29, compared to the equivalent period last year. Demand is very high.  This continues to be supported by the expectation that mortgage rates will remain at record lows for an extended period of time.  

Brisbane has avoided lockdowns over recent weeks so the local economy continues to thrive.   

PHIL BARTSCH 23 SEP 21

The countdown has begun at Wellcamp aerospace and defence precinct in Queensland after Wagner Corporation landed a game-changing deal with US-based aviation giant Boeing.

The development’s first stage alone encompasses 20 hectares at Toowoomba’s Wellcamp Airport with the overall aim of creating a global epicentre of aerospace and defence development and advanced manufacturing.

The first big step has been securing Boeing as the precinct’s foundation and anchor tenant with plans for a world leading manufacturing facility for the first military combat aircraft designed, developed and built in Australia in half a century.

Michael Mazengarb 10 June

The Queensland government has announced that it will establish a $2 billion clean energy fund as part of the state’s economic response to Covid-19 that will “supercharge” the state’s expansion of its renewable energy and green manufacturing industries.

The announcement is the latest in a flurry of clean energy announcements from the Palaszczuk government, and follows a $22 million commitment to a feasibility study into a new pumped hydro energy storage facility north of Brisbane and a massive 3GW hydrogen production facility successfully securing land for the facility in Aldoga.

Michael Mazengarb 9 June 2021

If government-owned firms led the way in clean energy technologies, society would benefit. Shutterstock

Australia’s largest wind energy projects, which is planning to develop up to 1,200MW of new wind generation capacity between the Queensland towns of Gympie and Maryborough – is being developed as a joint venture between Queensland based clean energy developer Clean Sight and Siemens Financial Services.

The $2 billion project would provide a significant boost to Queensland’s wind generation capacity, producing enough power to meet the needs of around one-in-four Queensland households and would be one of the largest wind power developments in the southern hemisphere.

 Jordan Fidler Aug 5,2021

Economic Guide: Forecasting property prices and what affects property in 2021, 2022 and beyond

What’s the outlook for the Australian property markets for 2021 and beyond?

This is a common question people are asking now that our real estate markets are up and running again after virtual auctions and sight unseen purchases took place in 2020.

News from the biggest banks and Australian economic experts are predicting house price growth across almost every segment of the market.