Increasing population in Queensland leading booming housing demand

Increasing population in Queensland leading booming housing demand

Positive news through reported by news.com.au showing that Queensland's population is growing, and so is the demand for housing.

ABS data for the month of March 2018 showed that Queensland had the third highest trend increase for dwelling approvals, behind the ACT and Northern Territory.

On the back of the $45 billion expenditure recently announced that is necessary to meet demand, with Queensland’s population ticking over to five million last month.

State Development Minister Cameron Dick said

"It will continue to grow by around 100,000 a year over the next 20 years,"

"Queensland is the country’s top destination for interstate migration."

"It is essential that a growing state plans for the future and provides the infrastructure needed to accommodate population growth."

Exciting news for the Sunshine State as also reported that Dexus is progressing on its $1.4 billion redevelopment plan to unlock "the unrealised potential of the waterfront" in Brisbane.

Massive terraces to front units. $5k cashback. Close to Major shopping centre, Griffith University and hospital. 12 unit development incorporating 4 levels of 2 bed/3 bed 2 bth units with 1 or 2 secure car spaces. Units include high ceilings, dryer, screens, blinds, aircons to living and main bedroom, tiled to living and bathrooms, carpet to bedrooms, feature laminate finishes, tiled splashback, stone benchtops, Secure entry and lift.

  • Project now complete
  • All Club Clauses accepted.
  • 10% deposit.
  • $5,000 cash back at settlement to assist with any initial vacancy.
  • Includes dryer, screens (to sliding windows) and blinds throughout.

CASH FLOW POSITIVE by $22 per week - a great opportunity!

Have a great weekend and catch you next week.

Warm Regards,

Troy Gunasekera

Related Posts

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

If you are a property investor who owns a unit, you may well have bought into a development whose Body Corporate engages an Onsite Manager or Caretaker (hereinafter referred to as an OSM). Now some OSM’s are good, and some are bad, and some are outright ugly! If your complex has a good one, breathe a sigh of relief...

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

Welcome to our latest property market update! In this video, renowned economist Clifford Bennett shares his expert insights on the current trends, challenges, and opportunities in the property market. Whether you're a homeowner, investor, or simply interested in real estate, this update is packed with valuable...

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia has recorded the highest growth rate in property investment of any Australian state over the past year, with investor lending reaching a record $1.15 billion in April 2024, according to the latest ABS figures. Kevin Young, President of Property Club, said that property investment activity in WA has...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.