- 3 August 2018
Population Growth In Queensland Has Made It The Top State Destination For Interstate Migrants, Passing Victoria
The sunny state of Queensland is expected to buck the credit crunch trend seen in Melbourne and Sydney, Deloitte economists predict.
Citing the Deloitte Access Economics report, The Courier-Mail said many home buyers who are priced out in expensive states migrate to Queensland for more affordable homes.
In Deloitte's view, the Queensland's mining construction downtrend has already dissipated, improving the state's economic conditions and appeal.
With things starting to improve for the state, Deloitte economists are expecting Queensland's housing construction to swing upwards.
This positive news is also further reinforced by the Palaszczuk Government releasing an update to its 2018 State Infrastructure Plan as it aims to roll-out a total of $45.8 billion worth of infrastructure over the next four years.
The second part of its State Infrastructure Plan (SIP) focuses on a range of infrastructure spending with its updated release, outlining the $11.6 billion of infrastructure investment to be rolled out in 2018-19, which aims to support up to 38,000 jobs.
Just have a look at the level of investment going into our largest northernmost City:
Queensland State Infrastructure Plan - Part B Program - 2018 update
Property Club being the leaders in Wealth Creation through property for 20+ years now, with over 20,000+ properties settled by Club members is in the enviable position of being best placed to assist YOU to have a retirement avoiding the pension!
https://www.propertyclub.com.au/contact-us/
Contact your Property Mentor for guidance and assistance on the best deals we have at the moment and let us show you how to avoid the pension!
Have a great weekend and catch you next week!
Warm Regards,
Troy
Related Posts
From February 2026, Borrowing Gets Harder. Plan Before It Does.
From 1 February 2026 , new lending rules will change how Australian banks assess higher borrowing levels. For many buyers and investors, the outcome will not hinge on the property they choose. It will hinge on access to finance. If buying, investing or refinancing is part of your plans in 2026, this change matters....
One in Four Aussies Are Reassessing Their Homes: What This Means for You in 2026
New Canstar research shows that many Australians are quietly reassessing their housing situation. According to the survey, more than one in four homeowners are considering their next move over the coming year. The figures vary across the states, with Queensland showing the highest proportion of people thinking about...
The Christmas Property Myths That Cost Investors Money
Every year the property market slows as people turn their attention to travel Christmas shopping and family time. With so much noise around the holidays it is easy for investors to absorb advice that sounds reasonable but has little basis in how the market actually works. Property Club continues to watch these...