With QLD having the some of the best performing suburbs over the last year – there is more good news (especially for investors)
Adani’s controversial and delayed Carmichael mine looks like it will now proceed after Land Court decision rejected by The Supreme Court in Brisbane.
Almost immediately – Clive Palmer seeks approval for ‘monster mine’ next door to Adani.
If both these mines go ahead – there will be a huge influx of incoming workers/miners along with the necessary infrastructure.
Prudent investors should keep QLD in the top of mind. Between this, and the continuing huge defence contract in Ipswich – a surge in Qld is upcoming.
Ipswich records highest growth in house prices in Queensland
We picked it late last year, but Ipswich is still a great buy. Both core logic and Domain have marked it as the winner in Qld last quarter
The Domain regional house price report shows Ipswich house prices increased by 6.3 per cent during the March quarter
Ipswich also recorded the strongest growth in Queensland over the past 12 months, with house prices increasing a whopping 11 per cent
The only other regions that came remotely close to Ipswich’s result were the Gold Coast (8.2 per cent rise in 12 months)
buyers from Brisbane are continuing to turn to Ipswich, often seeking out character properties that would otherwise be out of their reach in the capital city.