There's more to Queensland's red hot property market than Brisbane
Strong demand, tight listings and relative affordability are driving another wave of price growth across regional Queensland, with investors continuing to target high-yield markets.
Beaches, lifestyle and relative affordability are driving a surge in interest in regional Queensland property (pictured: Green Island, near Cairns). (Image source: Paul Harding 00/Shutterstock.com)
Regional Queensland property values are continuing to surge, extending a multi-year stellar run, and the good times appear far from over.
In Toowoomba, about 150km west of Brisbane, prices boomed 21.6 per cent over the past year, according to analyst Cotality, while prices in North Queensland’s Cairns and Townsville also continued their golden run.
Brian Gray, Principal of Toowoomba’s Picket Fence Properties, said listings remained “very tight”…
