South-east Queensland is experiencing strong interest from investors in what is a great start to 2018. Read more…
Commercial property sales in Queensland grew stronger than Sydney and Melbourne during the last quarter of 2017, with predictions being made for continuing strength in the market throughout 2018.
Seeing the potential in south-east Queensland, domestic investors are turning their attention north in particular to regional centres like Noosa, which are performing strongly in the state’s market. While property prices climb in southern states, Queensland is becoming a more affordable alternative for investors while still promising strong yields.
Aiding to investor interest, interstate migration has been continuing to rise since 2016 with more people choosing to relocate to the region for affordability and lifestyle than ever before. This is encouraging for investors and business owners looking to purchase here.
Locally, Noosa’s property market is steady with a range of projects in the region driving the local economy, supporting continued growth in both commercial and residential markets.
Another positive for investors looking to expand their portfolios, meeting for the first time this year the Reserve Bank of Australia (RBA) have decided to leave the cash rate on hold at a low of 1.5%, unchanged since September 2016.