Prd Nationwide
Property Managers in Orange

The south east Queensland property market has all the characteristics of a market in the process of strengthening significantly and may prove to have the strongest national growth of all the major regions in 2014. Since the middle of 2013 we have seen the Sydney market bloom, and more recently, Melbourne property prices are beginning to climb steeply. The increase in price in the southern States has temporarily forced many investors out, effectively reducing the number of buyers who are willing to compete, can afford the price levels and cope with the reduction in choice in those markets. Investors are casting their eyes further north into South East Queensland where prices have been depressed for five years and choice remains abundant. Agents in Queensland are reporting falling stock levels and slowly increasing prices due to the increased numbers of buyers heading north. Throw into the combine a rental vacancy rate of less than three per cent and an expanding population and you can comprehend why the region is shaping as an pretty option for investors. In addition to the relativity of prices, the increasing number of mainland Chinese tourists having a piece of their holidays between the Gold and Sunshine Coasts means it is inevitable that investor interest from that source will only enlarge over the next two to three years. The continuing climbing prices in Sydney and Melbourne should encourage these investors to focus on south east Queensland where they can attain greater value for money and at the same time, capitalism on the lifestyle options the region has to offer. It is interesting to note that Canada has impartial announced the end to their Investor Immigration Program which attracted 130,00 fresh residents and investors to Canada over the former 10 years. This having honest come to an last could likely malicious much more attention paid to Australia including increased property investment on the eastern seaboard. A combination of readily available, well priced land housing and apartments, mixed with increasing demand and firm population growth sets a mighty platform for investment. Low vacancy rates means investors can accomplish immense rental yields, and with markets in the southern states somewhat stifled by price and availability of stock, there is an influx of investors from Victoria and New South Wales looking for finest and better returns. Finally, Chinese investors are zeroing in on Queensland as not only a tourist destination, but a location offering much as a store to live, labor and invest. Internationally, south east Queensland is being heavily promoted and interest is peaking thanks to targeted campaigns to lobby Chinese investment in the region. So Queen slanders get ready, because those hot summer temperatures are set to be replaced by an even hotter property market. PRDnationwide is a Colliers International company. New developments spur Agnes Water growth. Sunshine switch: We're educated, employed and anxious to buy. Empty land appeals in Whitsunday as buyers note price discrepancy. Last Tourism Zoned parcel of land undeveloped in The Whitsundays.