Brisbane’s first cruise ship terminal is under way, with premier Annastacia Palaszczuk turning the sod on the $158 million project on Tuesday. The long-awaited terminal is scheduled to open in October 2020, with bookings already open for Brisbane’s first cruise season. Publicised as a significant economic boost for Queensland’s tourism industry, the premier said that the…
‘Crazy house prices’ causing southerners to flee to Queensland
Queensland’s economy is getting a boost thanks to people fleeing “crazy house prices” in southern states. Deloitte Access Economics’ latest quarterly Business Outlook report argues Queensland’s economy has improved off the back of more gas exports and more tourists. “[And] the lift in people power it is getting thanks to crazy house prices sending refugees from Sydney…
Why more families than ever are quitting Sydney and leaving for Brisbane
Sydneysiders are looking to buy property in southeast Queensland more than anywhere else in Australia, new data shows. Exclusive research from Domain into out-of-area inquiries made by people living in Sydney has revealed that, last year, more than 50 per cent were looking at buying property in Queensland. That’s up 5 per cent on 2017…
Brisbane apartment market to outperform nation: Moody’s
Brisbane’s apartment market is predicted to outperform the rest of the nation over the next two years as it bounces back from a supply glut. In good news for property investors, apartment values in the city are forecast to grow nearly 1 per cent this year before jumping 5.8 per cent in 2020 and climbing…
First home buyers hit 6 year high
The number of first home buyers in the nation’s housing market has hit a six-year high, with Queensland recording one of the biggest jumps in owner-occupier loans. New home lending figures from the Australian Bureau of Statistics reveal the share of first home buyers rose from 26.8 per cent to 27.1 per cent in February.…
Buyers combine smaller units into large house-sized apartments
Buyer demand for larger apartments has seen building changes lodged ahead of construction at Maasra Apartments. An increase in the numbers of three and four-bedroom units has been put forward for the Coorparoo development. Karam Group’s decision to redesign and add more three and four-bedroom apartments at Maasra Apartments won’t mean any visible changes to…
