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The South East Qld boom

4/29/2022

 
According to the ABS, SEQ is set to welcome an additional 1.5 Million residents between 2020 and 2041, taking the state up to 5.3 Million(1).  To accommodate the projected 75,000 new residents (every year for the next 20 years), the QLD Govt projects that 577 new new dwellings will be required (every single week for the next 20 years) to accomodate the QLD population explosion(1).  To support this boom, the QLD Govt has allocated $134 Billion in infrastructure projects, that are expected to support approx. 930,000 jobs up until 2031(3).  In the shorter term the 20/21 investment is projected to drive economic recovery and directly support 44,000 jobs(4).  In the months to June 2020, QLD recorded a 1.6% population growth rate, which was higher than the Australian average(2). 
Sources:
1.Infrastructure Australia and QLD Government SEQ Regional Growth Plan:
​https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf
2.https://www.qgso.qld.gov.au/issues/3091/population-growth-qld-202006.pdf
3.https://en.wikipedia.org/wiki/South_East_Queensland_Infrastructure_Plan_and_Program
4.https://www.statedevelopment.qld.gov.au/industry/infrastructure/infrastructure-strategy

SEQ real estate outshining the rest

3/31/2022

 
The latest stats are in and show that South East Queensland is ticking all the right investment boxes with high growth, high yield and low prices.  Performing better than the major cities right now, South East QLD is the shining star of the Australian real estate market.  

HIGH GROWTH +75,000pa (1)
LOW PRICES $550,000 (2)
HIGH YIELD 5.01% (1) 


​Sources:
1. 
https://sqmresearch.com.au/property-rental-yield.php (yield for SEQ is calculated based on an average including Brisbane East, Moreton Bay, Ipswich, Toowoomba, Logan, and Gold Coast)
2. 
https://info.realestateinvestar.com.au/
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    Author

    Danielle Kohen is a Fraser Coast local, Property Developer, and is a registered real estate salesperson.

    View my profile on LinkedIn
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