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Supply concerns emerge for in-demand Queensland

Developers continue to accelerate new projects to capitalise on South East Queensland’s surge, with red-hot buying activity likely to create supply shortages in sought-after locations.

Aerial shot of Keylin's Park Cove.
Keylin recently launched the last remaining land to the market within its Park Cove project on the northern Gold Coast. Photo: Keylin.

Developers continue to accelerate new projects to capitalise on South East Queensland’s surge, with red-hot buying activity likely to create supply shortages in sought-after locations.

Recent research from CoreLogic shows interstate migration to Queensland is currently 90 per cent above the decade average, as more than 25,000 residents relocated to the Sunshine State in the past financial year.

CoreLogic research director Tim Lawless recently t…