There's no hiding the fact that over the past 12 months, Queensland has seen an influx of Sydneysiders and Melburnians migrating up to The Sunshine State. But what’s driving the migration? According to statistics published by CoreLogic, in the month of April 2021, Australian property values increased by 1.8 per cent. A six-fold increase over and above the average monthly movements in the property values recorded over the past decade. To put it into perspective, it represents an $11,240 increase in value to the average home and an even larger increase for property in Sydney.
What is driving the migration into Queensland?
What is driving the migration into…
What is driving the migration into Queensland?
There's no hiding the fact that over the past 12 months, Queensland has seen an influx of Sydneysiders and Melburnians migrating up to The Sunshine State. But what’s driving the migration? According to statistics published by CoreLogic, in the month of April 2021, Australian property values increased by 1.8 per cent. A six-fold increase over and above the average monthly movements in the property values recorded over the past decade. To put it into perspective, it represents an $11,240 increase in value to the average home and an even larger increase for property in Sydney.