Hotspotting

Regional Queensland: A Standout Prospect for Buyers

07.17.2023 - By Terry Ryder & Tim GrahamPlay

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Regional Queensland is a standout prospect for buyers of all kinds because it has so many locations that offer affordability, lifestyle and prospects for capital growth. There are numerous regional cities with strong economies, significant spending on infrastructure – and the possibility of buying houses in the $300,000s and $400,000s, often with rental yields above 6%. Recently, Hotspotting put together a major national report for Australia’s biggest comparison website Canstar. The Bright Stars report focused on providing affordable locations for buyers, particularly young buyers starting out with real estate. The report provided data for the 14 major market jurisdictions around Australia – the eight state and territory capital cities and six state regional markets. Of those 14 market precincts across the nation, Regional Queensland ranked fourth best in the report’s affordability scorecard.

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