MAY to SEPTEMBER 2019 EDITION OUT NOW!
The key message about Regional Queensland is that the number of growth markets is rising, helped by recovery in resources-related regional centres.
Regional Queensland markets have improved recently; in the past five quarterly surveys conducted by Hotspotting, the number of locations with growing demand has lifted from 30-36-40-45-48.
The other key feature is the number of Regional Queensland markets with price growth. We analysed price movements in 313 markets and found 203 (65%) have median prices higher than a year ago. Of the 203 growth markets, 99 have recorded median price growth of 5% or more, while another 104 markets have increased by less than 5%.
Of the higher growth markets, 42 have increased more than 10%, including 15 which have grown 20% or more. Some of the highest annual growth in medians has occurred in central queensalnd mining towns, but these are rising from a low base after years of downturn.
A number of unit markets have recorded high growth in median prices, mostly in lifestyle coastal areas.
Want to find out more?
Buy the Top 5 Queensland Regional Hotspots 2019 report to discover the best places to buy investment properties in Queensland.