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Now is the perfect time to invest in Queensland’s property market. Discover why and explore four prime locations for savvy investors.
As Brisbane prepares for the 2032 Games, housing demand is expected to continue outstripping supply, making now a great time to invest in Queensland’s burgeoning property market.
The ripple effects of Brisbane’s growth extend far beyond the city limits, benefiting key regional markets like Ipswich, Townsville, Gympie, and Hervey Bay. We are thrilled to bring you the latest insights into the booming market of Brisbane and regional Queensland.
For years, Brisbane has been on the cusp of a property boom, and now the stars have aligned. The 2032 Olympic Games have ignited a surge in infrastructure spending, pushing Brisbane's property market into the spotlight. With projects like the $6.3 billion Cross River Rail, $1.7 billion Brisbane Metro, and $5 billion in upgrades to Brisbane Airport, the city is experiencing a renaissance.
The Olympic Games are more than just a sporting event; they are a catalyst for economic growth. KPMG estimates the games will bring $8.1bn in direct economic benefits to Queensland and create more than 91,600 jobs.
This wave of infrastructure development is translating into price growth across Brisbane, with 70% of suburbs recording significant quarterly growth in median prices. Furthermore, 90% of suburbs have seen rental growth exceed 10% in the past year. As we move closer to 2032, housing demand will continue to outpace supply, driving further price increases.
Despite recent growth, there are still affordable investment opportunities within Greater Brisbane that promise solid returns.
40km west of Brisbane, Ipswich benefits from excellent connectivity via major highways and public transport. The city is being transformed with the $150m Ipswich CBD revitalisation.
The ripple effects of Brisbane’s growth extend far beyond the city limits
The economic boost from the Olympics will also benefit regional Queensland, which saw the second-highest growth in median house prices (up 8.6%) in 2023. Key regional markets poised for growth include:
In North Queensland, Townsville stands out due to its lifestyle appeal and major infrastructure projects.
80km north of the Sunshine Coast, Gympie is characterised by its strategic location, ongoing developments and appealing lifestyle.
The gateway to Fraser Island, Hervey Bay has infrastructure developments and affordable property prices compared to Brisbane.
The ripple effect of the Brisbane Olympics is expected to amplify growth in these areas, making them prime targets for property investment.
DPN have access to multi-rental investment properties in Queensland’s high-growth areas. Speak to us today for available properties so you can include the growing market of Brisbane in your property portfolio.
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