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Queensland property prices defy COVID-19 downturn as interstate buyers head north in droves – ABC News
The Sunshine State has become a hotspot for interstate migration. Could this be why Queensland’s house prices are going up amid a global pandemic, recession and…
House prices in Queensland are continuing their upward march, growing by an average of 0.6 per cent in Brisbane in November, taking annual growth to 3.2 per cent.
Key points:
- Queensland is the number one destination for interstate migration, according to REIQ
- Demand for luxury beachfront property on the Gold Coast is “exploding” among Melbourne and Sydney buyers
- Cairns is seeing unprecedented demand for rental properties from people living interstate
The latest monthly data released by CoreLogic showed…
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