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South-East Queensland (SEQ) Region

This region is Australia’s fastest growing. It is expected that by 2031 the population will rise from 2.8 million to 4.4 million. $124 billion worth of development is planned in both the immediate and not-too-distant future. All this is estimated to create more than 900,000 jobs by 2026. However, with more than 1000 people moving into the region each week, there is a severe shortage of housing. In order to supply this demand, an additional 735,500 dwellings are needed to be built.

Investment Performance of SEQ

Last March Quarter Brisbane, Moreton Bay and Gold Coast recorded the highest volume of sales. Gold Coast recorded the highest median price of $498,000 in SEQ. Rubicon Investment Solutions predict that by 2012 this figure will jump to $650,000 and double within 8 years. SEQ has a strong economy, demand exceeds supply, has the lowest state taxes, low vacancy and unemployment rates. For these reasons it is a good area to invest in, and continues to experience high demand and population growth.