Home and hosed: Qld’s first-home buyer rush biggest in a decade

Tuesday December 15, 2020

Outer suburbs and regional centres are leading a surge in first-home buyer activity as Queensland shows the way with a 39 per cent increase in the three months to October 31, according to the NAB.

First-home buyers are rushing into the market and creating demand in regional areas. (Photo: Supplied)

The NAB said its own data showed first-ome buyers were back in the market at levels not seen in a decade. For the 12 months NAB’s lending to first-home buyers was up 21 per cent on the back of low interest rates and government grants such as the First Home Owners’ grant…

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