Queensland real estate set for bumper 2015

Font size :
I’m expecting the Queensland real estate market to be the one to watch in 2015, as it enjoys stronger market conditions in both Brisbane and regional centres.

And funnily enough, it’s the red hot housing markets in Sydney and Melbourne that are helping to drive demand in the Queensland capital, along with lower interest rates. This is because yield-hungry investors, who are being priced out of Sydney and Melbourne, are now looking north, where it’s still possible to buy investment properties for less than $180,000 in Brisbane’s south. This demand is now starting to drive up values in some Brisbane suburbs, a trend that I expect to continue throughout the year, especially if the Reserve Bank decides to cut rates early in the year.

But while market conditions are very much improving in Brisbane and on the Gold Coast, investor money is also starting to chase further afield for the prospects of capital growth and decent yields in some of Queensland’s regional centres.

Major hubs such as Toowoomba are set to benefit from significant infrastructure improvements, while smaller centres such as Woodford and Kingaroy will enjoy the benefits of factors such as lower interest rates and the breaking drought.

Also, once we get past the Queensland election, which was recently called for 31 January, homeowners and investors considering the sale of a regional property in Queensland can expect excellent selling conditions in 2015.

In Toowoomba, the recent launch of the Brisbane West Wellcamp Airport will have a dramatic impact on the town’s economy and real estate markets. The airport will magnify Toowoomba’s excellent economic prospects as a regional hub by bringing more businesses, tourists and investors to the town, which in turn will underpin real estate values and rental yields.

Low interest rates and strong rents are also giving investors a rare opportunity to positively or neutrally gear an investment property in Woodford, in Queensland’s Moreton Bay region. Investors chasing strong yields will enter the market in greater numbers in 2015, as prices bottom out and rental growth continues.

In the South Burnett region, Kingaroy’s appeal to investors is driven by the town’s real estate affordability, which is a by-product of the 2014 drought, although property values could appreciate by as much as 5% in 2015. An increase in rainfall bodes well for real estate markets in the area, and if the rain continues, the business and real estate prospects for the region look very good over the course of the year.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Angus Raine

Angus Raine is a leading commentator on the Australian property industry and has been CEO of the Raine & Horne property group since 2006.

Mr Raine started his real estate career over twenty six years ago, previously working with three blue-chip international real estate firms, before becoming director of Raine & Horne Holdings Pty Limited in 1998.
Mr Raine is an accomplished real estate specialist and his academic and industry qualifications include a Diploma of Business (Valuation) and a Diploma of Business (Franchising). He is also a registered valuer, a Fellow of the Australian Property Institute, Member Royal Institution of Surveyors (MRICS), and a licensed real estate, stock and station business agent.
Angus is a Graduate of the Harvard Business School’s Owner/President Management Programme, and has a professional certificate in Advanced Corporate Real Estate (API/UWS).
Since 2000, Mr Raine has been a committee member of the Family Business Association’s New South Wales chapter.

Mortgage News and Articles

How to tell when a housing market is cooling How to tell when a housing market is cooling

You need to check clearance rates, listings, and the price gap, among other factors Read more

Growing demand for green apartments in Sydney Growing demand for green apartments in Sydney Both owner-occupiers and investors favour eco-friendly buildings for their energy-saving features and reduced environmental footprint ... Read more

Are property investors as rich as they appear? Are property investors as rich as they appear? A multi-property portfolio doesn’t guarantee easy millions ... Read more

Be proactive about getting a better mortgage deal Be proactive about getting a better mortgage deal Apathy could be costing you a considerable amount of money over the lifespan of your loan ... Read more

More mortgage news and articles

Sponsored Links

Friday, Sep 22, 2017
Top Featured Rates
Top Bank Rates

Get help choosing the right home loan

Let us help you find the right home loan for your needs.

Tell us a bit about your circumstances:
  • Purpose of mortgage
  • Household Income
  • How much do you want to borrow?
  • How much deposit do you have?
  • How much is your house worth?
  • How much do you still owe on your mortgage?
  • What type of mortgage do you have?

  • How much is your new home?
  • How much do you want to borrow?
  • How soon do you want a mortgage?
  • First name
  • Last name
  • Where do you live?
  • Phone number

Special Offers

Related Keywords