Queensland Based on industry data, suburbs where it is cheaper to buy than rent in Queensland include:
Suburb Flinders View
Region Brisbane
Type Unit
Difference between buy/rent* $296
Logan Central
Brisbane
Unit
$225
Brisbane City
Brisbane
Unit
$198
Waterford
Brisbane
Unit
$184
Hillcrest
Brisbane
Unit
$175
Moranbah
Mackay
House
$2,859
Blackwater
Fitzroy
House
$1,536
Mackay
House
$1,253
Darling Downs
House
$1,208
Sunshine Coast
Unit
$909
Dysart Miles Kunda Park
* towns and suburbs in Australia where the monthly mortgage repayment would be cheaper than the rent for that area - based on a principal and variable interest rate
The best performing region in Queensland is currently Central Queensland. The Widebay region, in particular Maryborough, Woodgate, Childers, and Bundaberg has experienced improving results with what is believed to be a ‘flow over’ of the mining boom in other regions to the north. In general, confidence is returning to the market place. The First National Central Queensland offices (Biloela and Gladstone) have steady to strong results off the back of the Gladstone mining boom, however developers have slowed down their activity. Many employees of the mining activity are now fly in/fly out, however solid results are still expected to continue.
2013 Property Market Outlook | First National Real Estate
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