Queensland property powers ahead
Queensland has avoided much of the Delta outbreak devastation in recent months, and that's paved the way for a strong launch into the spring selling season. Brisbane's median home value jumped up 2.0% in August making it one of the strongest performing capital markets. The median home value in regional Queensland jumped up another 1.5% demonstrating a staggering 20.8% gain over the past 12 months. The Reserve Bank of Australia confirmed for another month that interest rates won't be moving up from their record lows any time soon, so buyers continue to operate with confidence knowing that money's cheap.