Queensland’s housing market has taken over the attention from the New South Wales – Victoria duo over the encounters of the pandemic, according to experts.
RiskWise Property Research CEO Doron Peleg said Queensland is benefitting from the population decline in Victoria, which is already affecting its rental markets.
Mr Wargent, who is the co-founder of BuyersBuyers said that South East Queensland (SEQ) in particular has thriving conditions (Your Investment Property, 2021).
"The whole region from Noosa to the Tweed is booming, and our buyer’s agents are running at a very high capacity right now,” he said.
“The biggest challenge for buyers is sourcing stock, with properties selling exceptionally quickly.”
According to recent survey by the Property Investment Professionals of Australia (PIPA) displayed that three in five investors think Queensland has the best investment prospects over the year. It is said that the major selling point for South East Queensland is the billions of dollars of major infrastructure projects (Your Investment Property, 2021).
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Article Source; Experts Tip Queensland’s Housing Boom To Persist, Your Investment Property, 2021.
