Buying in a BOOM Market and Avoid the common mistakes buyers make.
We all acknowledge that Knowledge is POWER. Our HEADS UP newsletter is all about that, giving our clients the full picture of the happenings that can affect your decision on where to purchase in our wonderful state of Queensland.
The BOOM is well and truly on, with homes in South East Queensland are selling faster than any time on record as demand continues to surpass supply with no sign of slowing down
Townhouses & Land developments being sold before a survey peg hits the ground and construction up to a year away creates panic buying, which can backfire if the fundamentals are not ahead too.
Keeping You Ahead, see some of our Point of Interest in brief below:
Point of Interest # 121: Housing market surging back as people flock to Queensland
And Queensland is also enjoying a surge in interstate migration. More than 24,000 people came to the Sunshine State in the June quarter, and 17,000 left for a net gain of 6800. Victoria had a net loss of 3000 and NSW 4000, and the other states had only small gains or losses
We are still the best buy for the dollar (for now anyway). Brisbane’s median dwelling value was now $510,000. Sydney was $860,000 and Melbourne $666,000. For the full detailed report, register now.
Point of Interest # 122: Boom time for Qld house prices, analyst predicts
Queensland is on the cusp of a housing boom, with a leading analyst predicting interstate migration to hit a record high by next year — putting upward pressure on home prices. For the full detailed report, register now.
Point of Interest # 123: Queensland Rushes to Meet Land Demand
A new planning task force has one month to unlock land suitable for residential development… For the full detailed report, register now.
Point of Interest # 124: Westpac Forecasts 20pc House Price Gains
Westpac is forecasting 20 per cent gains in the housing market over the next two years…In Queensland, the Gold and Sunshine Coasts have become even more desirable for prospective homeowners with a strong appetite for housing close to the coast itself, and low supply has pushed up housing values. For the full detailed report, register now.
Point of Interest # 125: Renters Seek Out Queensland Lifestyle
Renters are paying more to live in a unit in Brisbane than in Melbourne counterparts….Brisbane rental prices have soared to a new high with residents of southern states migrating north not only for the Sunshine Coast but a less Covid-impacted lifestyle.“A rebounding jobs market and lifestyle locations will continue to see accelerated demand, factors that are likely to drive significant rent rises.” For the full detailed report, register now.
Point of Interest # 126: $40b economies: The local council with a bold plan to be bigger than Tasmania
The Moreton Bay region north of Brisbane is set to embark on an ambitious economic development plan with the aim of creating 100,000 new jobs and doubling the size of the local economy to $40 billion – bigger than that of Tasmania – over the next 20 years. For the full detailed report, register now.
Point of Interest # 127: Smooth Sailing for $2.74bn Brisbane Marina Plan
A $2.74 billion marina, residential and recreation precinct just north of Brisbane is set to be streamlined under Queensland’s priority development area scheme. For the full detailed report, register now.
Point of Interest #128: Ease the squeeze: Logan’s clampdown on tiny blocks – and shipping containers
One of south-east Queensland’s fastest-growing regions is cracking down on the development of tiny housing lots and will introduce a minimum lot size in a major rewrite of its planning scheme. But the biggest reform is the council’s decision to call time on developers taking advantage of the existing planning scheme’s reliance on average lot sizes in determining how many lots can be included in a housing subdivision. For the full detailed report, register now.
Point of Interest # 129: State backs plan for 30,000 new homes in Caboolture West
Deputy Premier Steven Miles has announced Caboolture West will be the first new growth area to benefit from fast-tracked land release.
“Neighbourhood Development Plan One within Caboolture West, will be the first pilot site in a future growth program which will unlock growth, housing choice and affordability.” For the full detailed report, register now.