NINE Queensland cities are tipped to return more bang for buck than star performers Sydney and Melbourne — and they’re about 50 per cent cheaper too. Latest analysis by market research firm Propertyology found 39 growth locations where median house prices were less than $400,000 but whose returns were expected to beat the southern capitals.

Propertyology managing director Simon Pressley said the list included nine in Queensland. “I am not a betting man however, each of these locations have a superior three-year outlook to Sydney and Melbourne,” he said. The Queensland suburbs were expected to come out strong.

Silverhall's research positioning on Brisbane is consistent with Australia’s most prominent research firm. Below is a recent article from Core Logic (RP Data)

Could Brisbane Take Over As The Best Performing Capital City Housing Market In 5 Years?

Brisbane is well placed to take over as the best performing capital city housing market over the next five years. Dwelling values across Australia’s third largest capital city have risen at the annual rate of 1.2% of the past decade; that’s half the pace of inflation and dramatically lower than Sydney or Melbourne where annual gains have averaged 6.3% and 5.9% over the past ten years.

Silverhall’s research identified suburbs in the Springfield Catchment Area as ‘ideally positioned for strong capital growth’. As a result, we have been bullish about buying investment properties in this area. Latest Government figures continue to support our position. Ipswich City Council’s September Quarter Development Activity Report (the final planning report for 2017) demonstrates the growth and development of the area are not just on track but will continue for years to come. According to Council's Report, the population grew to 206,344 an equivalent annual population growth rate of 4.59 percent.

BRISBANE’S dwelling price growth is expected more than double its pace to a high of 7 per cent. The projections came off the latest SQM Boom & Bust Report, released Thursday, “Brisbane’s property market will experience slightly stronger gains than those posted in 2017,” said SQM housing expert Louis Christopher, “with property prices forecast to rise between 3 per cent to 7 percent.” “The authorities were right to take action earlier this year to restrict investing lending by banks. Failure to have taken action would have resulted in out-of-control Sydney and Melbourne housing markets, where additional aggressive monetary policy may well have triggered a large fall in dwelling prices in 2018,” he said. 

Ref: Sophie Foster 19 OCT 2017: https://www.realestate.com.au/news/brisbane-housing-growth-rate-to-double-next-year-to-mirror-sydney/

Construction has begun on the site of the new Tuggerah Lakes Private Hospital. Delegates from hospital operator Healthe Care Australia joined local MPs and business leaders yesterday to turn the first sod on the $23 million project. The first stage of the project will see up to 60 construction workers on-site each day. The Hunter and Central Coast Joint Regional Planning Panel unanimously approved the hospital back in September.