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REPOST FROM QLD Excerpt From The 2014 December Market Report YOUR INVESTMENT PROPERTY. AUTHOR: NILA SWEENEY. PUBLISHED: DEC 2014
Forecasts for Queensland continue to be optimistic, and this means Brisbane is not the only market in the Sunshine State that investors might want to keep an eye on.
One such market is Ipswich, which sits in Queensland’s southeast, 40km from Brisbane. Once a large city in its own right, these days it has been absorbed into the larger Brisbane metropolitan area which, according to a new report by property analyst Michael Matusik, the Ipswich market has entered the recovery phase of its cycle.
Another Southeast Queensland market it might pay for investors to keep an eye on is the Gold Coast. While it hasn’t been viewed positively for some years, recently the outlook has started to change.
Toowoomba sits to the west of Brisbane and is one of the Queensland markets that commentators keep talking about. Already blessed with low unemployment, this market will see job opportunities increase as a result of these projects, along with the $350m retail centre development in the CBD and upgrades to medical facilities, including Toowoomba Hospital.