SOUTHERN BUYERS EYEING OFF SOUTHEAST QUEENSLAND
Property values in south east Queensland’s lifestyle property markets are surging as southern buyers look to park their equity north of the border.
With home values in Sydney more than doubling in recent years, CoreLogic analyst Cameron Kusher said many southern property owners were using that equity to invest in other properties.
He said concerns the Sydney market may come off the boil, meant they were looking to the lifestyle markets of Southeast Queensland.
As a result each of those regions had achieved better price growth in the past 12 months than Brisbane.
Read the full article here: http://www.realestate.com.au/news/southern-buyers-with-plenty-of-equity-are-eyeing-off-southeast-queensland-lifestyle-properties/