QLD Market Update
Delve into our most recent property insights to uncover the latest trends in Queensland.
Queensland Market Update
Gold Coast a treasure trove for QLD property hunters
- The Gold Coast has proven to be popular with property purchasers, with four locations appearing in the Top 10 list: Surfers Paradise in no1, Southport in no3, Pimpama in no5, Hope Island in no7.
- On the other end of south-east Queensland, the Sunshine Coast also had a strong showing with Maroochydore in 4th and Buderim in 10th.
- Those looking for property within reach of Brisbane continued to invest in locations that were still within reach of the capital, with the local government areas of Moreton Bay (Morayfield and Caboolture), Redland (Thornlands) and Logan (Yarrabilba) all present in the Top 10.
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Industry opinions on First Home Buyer activity
In New South Wales Greater Western Sydney has continued to dominate the Top10. We saw another two postcodes named in the list which didn’t appear in the last quarter of 2023. In second position for this quarter, was postcode 2200, covering Bankstown and surrounds, which wasn’t named among the most popular postcodes at all in Q4 last year.
Lee Bailie
Head of Property AU | InfoTrack
It’s interesting to see the trends that have emerged in our latest Property Market Update for Q1. Many locations have remained consistent from the end of last year into early 2024. Suburbs like Surfers Paradise on Queensland’s Gold Coast has once again proven to be popular with home buyers, as well as its neighbouring locations of Southport, Pimpama, and Hope Island.
Sandra Falzon
General Manager Marketing and Ecommerce | InfoTrackGO
