fbpx

Property Buyers Flood Queensland Since Border Reopening

Queensland’s property and rental markets are set to soar from one of the biggest southern migrations in history, with reports of interstate home hunters heading north.

Property punters say the sunshine state, and particularly Brisbane, are on track for a record-breaking summer with holiday vacancy rates plummeting to zero amid a red-hot real estate market. Ray White New Farm principal, Marr Lancashire, noticed the surge in interstate home hunters mere hours after the border re-opening, and says that the strength of new migration trend is on the rise.

“I have got a list of 30 or 40 buyers who want to come to Brisbane … and one of the greatest things I have heard is that the first flight out of Melbourne on December 1 was a domestic A380 (to Brisbane) and it was full,” Mr Lancashire said.

“COVID has done wonders for our market, and we’ve had our biggest year of sales yet. We sold over $100 million in just half a year alone, and I reckon I’ll get $200 million by the end of the year.”

Mr Lancashire said the level of interstate and overseas migration to Brisbane alone was unprecedented, with the city set to topple Melbourne for liveability thanks to the affordability of homes and the laidback lifestyle on offer.

He said the appetite for high-end homes had also sparked a domino effect into the prestige rental market, with some buyers forking out thousands per week in rent while they waited for the right home.

“High-end rentals and high-end sales – everything is just going bananas … I had eight auctions on Saturday, and I sold seven,” Mr Lancashire said.

Holiday Homes Also Seeing a Big Boom

Even before the borders re-opened, industry experts said the sector was saved by locals who were spending hefty amounts to holiday in their own backyard.

Mark Beale, from Ray White Whitsunday, says that after their property industry stopped moving mid-year, both sales and holiday rentals have soared since the re-opening. $2 million in properties were sold in the last month alone, giving the agency a record breaking week.

“A lot of people are now booking their flights and coming up here because they are not travelling overseas … instead of spending $50,000 on that trip abroad they’re saying ‘let’s put that towards a holiday (on the Whitsundays),” Mr. Beale said.

Emily Thomas, from LJ Hooker Peregian Beach, said that while interstate families were quick to take up the mantle, it was Brisbane locals who brought the holiday rental market back to life in September, prior to borders re-opening.

Thinking About Investing?

If you have ever thought about investing, now is a great time to consider getting into the property market. Brisbane Home Loans will be with you every step of the way, so if you want to get in before things continue to move quickly, get in touch today!

Talk with us today

I want to enquire about :

Talk with us today

I want to enquire about :

  • All
  • First Home Buyers Loan
  • Home Loans
  • Investment Loans

Do I Qualify For A $15,000 First Home Buyers Grant In QLD?

Do I Qualify For A $15,000 First Home Buyers Grant In QLD? The First Home Owners Grant (FHOG) is a State Government initiative, which assists First Home Buyers into purchasing their first home. If you’ve never owned a property, and you’re either ‘building’ or ‘buying a brand-new home’ in Queensland then you are most likely

Queensland’s First Homeowner Hot Spots for 2021 Revealed

Queensland’s First Homeowner Hot Spots for 2021 Revealed First homeowners are dominating the real estate market, with young buyers eager to get their foot on the property ladder. Real Estate Institute of Australia figures show first-home-byers make up a greater percentage of property owners than they have in the last 10 years. Realestate.com.au has revealed

11.3% Increase Forecast for Brisbane Houses

Brisbane House Prices Are Tipped To Rise 11.3% Will Brisbane become the investment city for Sydney and Melbourne based investors? As house price predictions in these states are predicted to fall lower than the current market, Brisbane is predicted to grow by a massive 11.3% over 3 years! So, what is driving the predicted growth

Why Choose Brisbane Home Loans

You're In Good Hands

Brisbane Home Loans is all about good old fashioned personal service without exception.

We Find The Right Deal For You

We take the time to listen to your needs and then search the market for the best products that satisfies your needs at the lowest possible cost to you.

Ongoing Comittment

We continue to work for you after the deal is finished, ensuring that we asess any new offers that become available which may improve your current deal.

One Stop Lending

We give our clients access to Personal Loans, Home Loans, Investment Loans and Commercial Loans.  You always only deal with on person for all your lending services.

How We Work With Our Clients

We can meet clients in our office, in their home, their office or the local coffee shop. Our initial interview will helps us understand the clients needs in the short, medium and long term so that we can find the best possible lender for your loan.

The world of financing continues to be more and more complicated. Our Lenders have experience in finding the right product to meet the specific needs of each of our clients.  During this phase, we identify two to three options that may be suitable.

Our Lending Specialists will present to you a number of options available outlining  the differences, benefits and downfalls of each option presented. Our preferred option and reasons why, we consider this the best fit for you will be clearly explained.

Our Lending Specialists work with our clients to have all documentsation signed, submitted to the lending institution and processed through to approval.

We pride outselves on client service which is why our Lending Specialists establish a reasonable review timeframe where they touch base with our Clients to ensure everything is working as planned.  During this review, the client is made aware of any new financing options in the market.

Brisbane Home Loans is not about one off loans. We truly care about our clients, which is why we stand by their side beyond the completion of the loan.

What Does A Mortgage Broker Do

Listen and Evaluate Your Needs
Calculate How Much You Can Borrow
Compare Options Available to You in The Market
Provide You Expert Advice
Do All The Leg Work
Obtain Pre-Approval For You
Create A Plan For You To Ensure Your Always Getting The Best Deal
Most Importantly We Provide This at No Cost To You

Testimonials

Request a call Back.

Would you like to speak to one of our financial advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.

Immediate Response: