Driven by Brisbane's relative affordability compared to other capitals, a 20 per cent jump in house prices is forecasted over the next three years for the Queensland capital.
The "unique urban resort," due to open in 2022, will be in the heart of Brisbane's CBD with parks, over 50 restaurants and retail outlets and a vibrant night-life.
Investment into metro rail infrastructure is planned to increase by 107 per cent over the next seven years and is predicted to flow through into the residential property market.
New research shows that from the out-of-area inquiries made by people living in Sydney, more than 50 per cent were looking to buy property in Queensland.
With lower entry prices and better growth prospects than capital cities, regional locations, like South East Queensland, are looking increasingly good to savvy investors.
The SEQ City Deal could be the biggest "city deal" in Australia and will guide the region's growth by paving the way for government-owned land to be opened for development.
Sydneysiders are leaving NSW and flocking to Queensland in search of a more affordable and liveable lifestyle. The population growth is now above the nation's average.
