Queensland now the second-largest investor market.
Queensland has become more popular for investing than Victoria. For the first time in nearly 20 years, the Sunshine State has secured its position as the second-largest investment market, according to data from the Australian Bureau of Statistics. In September, Queensland recorded 4,593 new investor loan commitments, 700 more than Victoria, giving it a 23.4% share of the investor market, as reported by Money.com.au. The continuous growth in population, infrastructure, and property development suggests that Queensland could maintain its status as the second-largest investment market.
Southeast Queensland attracts investors seeking affordable properties with the potential for growth and strong rental returns. The upcoming Olympics are expected to elevate Brisbane's profile on the global stage, further solidifying Queensland's status as an investor hotspot. The Sunshine State boasts a robust economy, a growing population, expanding regional markets, and ongoing infrastructure projects, all contributing to its appeal to investors.
Source ABS