Strong market conditions are ahead for regional Queensland, according to a leading property group.
Raine & Horne has claimed regional Queensland will see a property market boom in 2015.
“Market conditions are improving in Brisbane and on the Gold Coast, and now the smart money is starting to chase further afield for the prospects of capital growth and decent yields in other regional centres,” Raine & Horne Queensland general manager Steve Worrad said.
Worrad said major hubs such as Toowoomba would benefit from infrastructure improvements, while smaller regional centres such as Woodford and Kingaroy would benefit from the breaking drought and low interest rate environment.
Once we get past the Queensland election, which was called by the Premier this afternoon for 31 January, homeowners and investors considering the sale of a regional property in Queensland can expect excellent selling conditions in 2015,” Worrad said.
