Queensland residential real estate continues to see strong demand from both local buyers and interstate investors alike, thanks to a range of incentives provided by both Federal and State Governments which encourage first home buyers, new home builders, and savvy investors to venture into property ownership in Queensland.
With rising costs of living, many are turning to downsizing as a solution and finding their ideal home. From Brisbane to West Queensland’s tranquil landscapes, there are beautiful new home estates that fit any lifestyle perfectly – but where should they start searching? Finding your perfect block can be daunting but finding one which matches up with both your goals and looks good on paper should not be overlooked as part of this task.
Home ownership can be an excellent investment and gateway into real estate investing, yet the process can be complicated and confusing for first-time buyers. This comprehensive guide will give you all of the knowledge and advice necessary to navigate this exciting journey – from choosing a real estate agent and understanding contracts, this resource will assist in making informed decisions when purchasing or selling a home.
While Queensland housing remains an investment worth considering over time, recent signs point to its gradual shift. According to CoreLogic research director Tim Lawless, mid-sized cities such as Adelaide and Brisbane appear to be losing momentum.
Even with all these changes, the market continues to perform above average. Queensland economy grew 2.6% in the second quarter and 4.5% year-on-year for growth forecasted, leading to greater confidence within housing sector.
Queensland state government is dedicated to ensuring there is enough affordable and social housing, so they have established the State-Facilitated Development (SFD) team in order to streamline decisions and resolve issues that can delay delivery of affordable housing units. They plan on expeditiously processing approvals, prioritising affordable units and encouraging infill development among other things.
Queensland SFD team is currently investigating more than 150 sites to form a pipeline of affordable and social housing land in Queensland. These sites will offer a range of housing options, from terraced and townhouse housing options, single-family dwellings, townhouses and apartments – to help alleviate Brisbane’s lack of affordable housing and other parts of Queensland. SFD projects aim to provide housing opportunities for those in need, including families with young children and elderly Australians. Furthermore, SFD projects offer significant economic advantages; increasing land available for affordable social housing as well as increasing local employment.