Augusta by Mosaic
First Avenue, Burleigh HeadsView
SEQ is a powerful combination of an enviable lifestyle, a thriving world-class capital city surrounded by stunning beaches, underpinned by commitments for massive investment in infrastructure and amenity, strong employment growth, and a high level of housing affordability.
With a population of around 3.5 million, the SEQ region is set to grow by another 1.9 million by 2041. Brisbane, Gold Coast and the Sunshine Coast account for 70% of net interstate migration to Queensland, which is currently at a 15-year high and far exceeds every other state in Australia.
The total infrastructure pipeline for Brisbane, Gold Coast and Sunshine Coast is currently $75+ billion – the greatest concentrated infrastructure boom SEQ has experienced. SEQ “City Deal” is in the final stages of negotiation with the Federal government and is estimated to be worth $58 billion to the local economy.
The last true SEQ growth cycle occurred between 2001 and 2004. During this period, the region outperformed the southern capitals just as it had during previous peak growth phases. History shows that in the context of market cycles, a period of SEQ outperformance is well overdue and that the current growth cycle has much further to run. The core market fundamentals have been building for an extended period of time and have now reached critical levels. When considered from the time of initial Covid-19-related social restrictions in March 2020, Brisbane dwelling price growth (in percentage terms) is slightly above that recorded for Sydney. Brisbane and Adelaide are currently the only two capitals for which the rate of monthly dwelling price growth is accelerating rather than decelerating. As of October 2021, Brisbane's dwelling price growth over the past quarter was second only to Hobart, and for October, it recorded the highest dwelling price growth of all capitals.
The sixth-largest significant urban area in Australia, the Gold Coast boasts the fastest growing level of economic output in the nation. Over $25 billion in infrastructure investment will continue to transform the region into a globally competitive city dedicated to business and employment growth for at least the next decade.Read more
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A massive infrastructure investment injection, declining apartment supply, and strong employment and population growth are driving demand in Brisbane, resulting in record low rental vacancy rates.Read more
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Announced as number one in the Nation's top ten regions to invest in residential property, the Sunshine Coast has all the fundamentals in place to urge strong capital growth.Read more
The REIQ have reported that while the rest of Australia's housing market has been in a downturn phase, Brisbane beat Sydney and Melbourne with record housing price growth.Read more