Queensland Booming Market to Continue this 2022
Queensland real estate's path is still more evident that it is booming than ever!
According to the Whitsunday Times, the region's booming real estate market will continue in 2022.
It was specified according to Hotspotting's The Price Predictor Index Summer 2021/2022 that North Queensland is the region to watch for this new year.
"Regional Queensland is one of the nation's strongest markets with great prospects for price growth in 2022," property analyst Terry Ryder said."There are growth markets across the state, from the Gold Coast to Cairns and Cooktown in the far north."
Thirty-seven of those suburbs were located in Queensland, with many situated past the red-hot southeast corner.
The Airlie Beach, Bowen and Cannonvale (Whitsundays), Edge Hill, Palm Cove and Port Douglas (Cairns), and Nelly Bay and Idalia (Townsville) were included in the lists.
"Of the 251 locations analysed across Queensland, 241 (96 per cent) have recorded growth in their median house prices in the past year, of which 211 have increased by over 5 per cent," the report revealed."In terms of locations with growth above 20 per cent, regional Queensland is one of the best in the nation."
Read more about this information in this Whitsunday Times article