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Regional Queensland leads the affordability and growth race

Publisher/s

Financial Review Michael Bleby

Abstract

Queensland’s Whitsunday, Mackay and Toowoomba local government areas lead the country in a top-10 ranking of regional areas that offer affordable homes and have an economy and investment pipeline that mean prices will rise in years to come.

The major regions in the Sunshine State’s coastal north and south-east stood out as regional markets that at the end of 2020 had a median price within reach of buyers with the average state loan and a 20 per cent deposit, agency PRD’s Stand Out Regions analysis shows.

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