As expected, the stars are aligning for SEQ

Working from home revolution

Regular readers will know that we’ve been suggesting that on a long enough timeline a high proportion of resident Australians will relocate to south-east Queensland, for its unique combination of affordability, outstanding climate, and lifestyle opportunities.

The onset of the pandemic in early 2020 has accelerated these trends, with interstate migration into Queensland ballooning to record highs and former residents of first Melbourne and then New South Wales bringing their accumulated wealth up to the Sunshine State.

The Census figures, which are due out shortly, will confirm that Queensland is now recording by far the strongest population growth of the Australian states.

It’s very easy for those of us living in south-east Queensland to undertake day trips to Sydney or Melbourne for work if required, and with more firms offering flexible and remote working options the coastal strip from Noosa to the Tweed has emerged as comfortably the most popular location in Australia.

Maturing economy

There was already a huge raft of infrastructure projects underway in Queensland, and the announcement of the 2032 Olympics coming to Brisbane merely underscored what will be a tremendous boost for investment in the south-east corner of the state.

The $4 billion Queen’s Wharf project will be the centrepiece of the new-look modern city of Brisbane:

As explained in a previous Brisbane market update, there are certain criteria we look for in property investments in SEQ, and these don’t change too much over time.

These include landlocked locations in, high capital growth suburbs (including gentrification plays), proximity to transport and employment hubs, a high land-to-asset ratio, flood-free blocks of land, a strong and growing rental demand, and the ability to add value.

Just as we expected, the stars are aligning happily for SEQ.

Contact us today for experienced advice on your next steps: