If you are thinking about investing in Queensland property, you have started your journey in the right place. Queensland is home to more than 5 million residents at present.
This figure is expected to grow significantly over the coming years. This is thanks to natural increase as well as interstate and international migration.
Interstate migration continues to be driven by lower costs of living, better housing affordability and competitive incomes. The Queensland state government has committed to a significant amount of long-term infrastructure spend to help provide for the demands of a rapidly growing population.
The next few decades will see these plans come to fruition and potentially deliver capital growth for investors looking to deploy funds for the long-term.
Median Household income $73k
34.2% of population renting