SEQ – the nation’s new Economic Powerhouse
More than $25 billion in infrastructure investment and spending in SEQ will drive the broad expansion of SEQ resulting in more than 1.5 million new residents by 2036
Did you know that 1 in 7 Australians currently live in South East Queensland ?
South East Queensland – Australia’s new Powerhouse Economy
Thinking of Investing? = now more than ever is your Opportunity
Fastest growing State in Australia
Highest level of continuing migration and immigration into Queensland
One of the fastest Population Growth locations estimated to reach 6.6 million people by 2031 and 9.1 million residents by 2056
Strongest growing Economy in Australia @ 4% – well above the national average
Mining makes up only 9% of this 4% growth, meaning a broad based economy
Property offers Value for investment Dollar
Employment opportunities plentiful with ABS reporting 28,000 new jobs per annum in the period to 2036
High demand for dwellings has led to an estimated 33,000 new dwellings required per annum
Supply of homes has been around 25,500 leaving an annual shortfall of 20% putting upward pressure on pricing and rent
An increasing young family demographic paired with affordability and strong employment growth, particular in health and education sectors, will significantly drive future housing demand
What is driving South East Queensland’s new home market?
SEQ is one of Australia’s largest metropolitan regions and a leading destination for tourism, business and investment being planned as a master-planned city accommodating residents and tourists alike. Very well supported by public transport infrastructure, education, medical services and also easy access to retail shopping.
And of course a strong growth in population coming in to not only fill new employment opportunities being created but also due to affordability and lifestyle.
POPULATION GROWTH numbers by year 2040
Brisbane a massive 3 600 000
Ipswich 462,000 (by year 2031)
Sunshine Coast 400,000
Toowoomba 200,000
Cairns 250,000
Townsville 275,000
Sunshine Coast 400,000
Gold Coast 1 000 000
REIQ Capital Growth probability – median value by year 2040
Aspley (Brisbane) house will be worth $1.23 million
Coorparoo $2.1 million
Ipswich $1.16 million
Logan Central $797k
Mt Gravatt $1.45 mil
Brisbane is currently growing by 100,000 new people per annum that is 2,100 per week!!!
Resulting in 800 – 1,000 new dwellings being required … supply cannot keep up with demand putting upward pressure on Rent which will also lead to capital growth
Brisbane is planned to grow to the same size that Melbourne is at today
Download the Queensland Government Population Projection Report to year 2031 here
Housing Market update
Never in the History of Australia has there been such a massive investment into Infrastructure
Billions and Billions of Dollars is under construction, budgeted and planned for in the Golden Triangle from Sunshine Coast down through Brisbane to the Gold Coast, across the west to Ipswich (including Toowoomba) and back up north to fast growing sought after Sunshine Coast.
As you know where a government invests, they want a return on investment
They invite industry to invest, who also want a return on investment
Both create new jobs now and into the future
Jobs attract people
Population growth places upward pressure on the supply of property to own or rent
Capital Values thus increase as do rental yields
Many parts of Queensland housing markets are showing convincing signs of improving or imminent signs of growth. Banks continue to value Queensland property close to purchase price, however high demand will continue to increase values during 2016. Queensland is showing that the high demand for dwellings (owner or rental) is exceeding supply with no signs of abating. The result will be increase in capital price and higher rental yields
Low interest rates is making Queensland property more affordable and the opportunity of Jobs being what they are in Queensland are major attractions driving population growth – Queensland looks set for recovery with the possibility of house prices heading towards those in expensive cities like Sydney and Melbourne.
Resource centres in Queensland (Gladstone, Mackay, Rockhampton, Emerald etc) have all experienced price increases and also Rent Increases, at at time when most of Australia were experiencing a decrease in values. Driven by Resources, Jobs and Population Growth have recently come off the boil with analysts predicting they have bottomed out and next phase back to growth as population puts renewed pressure on supply.
Resources (mining) makes up just 9% of Queensland’s 4% economic growth. What this means to Queensland is that it is set to continue to grow into the future, driven by new mines and coal seem gas projects being completed and the production of resources and their export. With over $165 billion worth of resource projects under way, Queensland economy is set to continue to grow well into the future.
The majority of Resource Sector projects are still under construction and yet to produce anything at this time, meaning 20 to 30 years of economic development is still ahead for the Queensland Economy.
With hundreds of Billions of Dollars is being invested into Queensland infrastructure now and over the next 10, 15 and up to 50 years – Queensland is set to grow
Queensland is undergoing a massive wave of new migration and immigration due to massive industry investment which is stimulating the job market. A rush on property is resulting in scarcity of Rental Accommodation and of available House and Land opportunity / Apartment dwellings.
House and Land Packages – Townhouses – Units – Apartments :
Brisbane, Sunshine Coast, Ipswich, Springfield Lakes, Moggill, Fitzgibbon, Caboolture, Morayfield (and Moreton Bay), North Lakes, Toowoomba, Ningi, Burpengary, Waterford Windaroo, Marsden, Beenleigh, Springwood, Calamvale, Capalaba, Salisbury, Raceview, Richlands, Redcliffe, Lawnton, Petrie, Kallangur, Kippa Ring, Robina, Pimpama, Nerang, Coomera, Ivadale Lakes, Whitsundays, Rockhampton, and the list goes on throughout SEQ and QLD.
Properties available today might not mean that they are available tomorrow … inquire today to avoid disappointment especially in highly sought after suburbs !!
Always invest where the Government and Industry are investing!
“Billions of Dollars are being invested into South East Queensland right now into major Infrastructure projects by government creating thousands of jobs today and more coming on the back of the next and next infrastructure project. Industry is coming in creating new jobs on the back of new infrastructure. New jobs attract Population Growth, which places upward pressure on Supply of Dwellings to own or rent. This upward pressure is ensuring Capital Growth and Strong Rental yields.” this is your investment opportunity.
