Queensland recorded a net gain of more than 22,000 residents in 2020, close to double its ten year average, fuelling housing demand across the south east, Australian Property Investor reported. ANZ forecast Brisbane house prices to rise 9.5 per cent in 2021, and developers reported rapid off the plan sales. One developer expected a broad boom through to 2024 but urged investors to buy stock that local residents actually wanted.
Reported by
Dan Wilkie, Australian Property Investor, 11 December 2020
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