REPOST FROM Strongest property market right now isn’t where you think… PROPERTY OBSERVER WEBSITE. AUTHOR: TERRY RYDER. PUBLISHED: 6 AUG 2014
“I think there’s a strong argument that the strongest property market in Australia right now is not Sydney, nor Melbourne, but the Queensland regional city of Toowoomba.”
This is the market which has not only delivered outstanding growth in the past year but has the credentials to keep on doing it. It has one of the nation’s most vibrant local economies, it has the lowest unemployment in the land, it’s affordable, it has above-average rental yields and there is a massive infrastructure spend under way.