28 Jan What’s in the news in January

What’s in the news in January?

Queensland leads housing growth turnaround

Queensland is defying massive falls among southern states to post the highest growth in housing starts in the country, latest data shows.

Latest Australian Bureau of Statistics data showed Queensland defied a massive national fall of 11.7 per cent, with the Sunshine State posting growth of 3 per cent in the September 2019 quarter.

Read the full article by Sophie Foster from realestate.com

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Construction activity has begun turning around in Brisbane when it comes to houses and apartments, defying falls in the south. Picture: Bruce Long.
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Asking rents for houses in Brisbane continued to rise in December, according to SQM Research.

Investor paradise: Brisbane a landlords’ market as rents rise

Brisbane is fast becoming a landlords’ market as vacancy rates tighten and rents continue to climb, putting investors in the box seat in 2020.

Read the full article by Elisabeth Tilley from realestate.com

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Horrific bushfire season to force interest rates to record low

The fallout from Australia’s worst bushfire season since Black Saturday has almost guaranteed interest rates will drop to a new historic low within weeks.

Read this interesting story by Sophie Foster from realestate.com

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Burnt property seen in Clifton Creek January 9, 2020 as extreme fire danger was forecast for the north of Victoria on Friday. Picture: Luis Ascui/Getty Images.
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An artist impression of the new University of the Sunshine Coast Moreton Bay Campus due to open in Petrie in 2020.

USC Moreton Bay campus attracting real estate buyers

The USC Moreton Bay campus due to open in Petrie this year is helping to drive interest in the Pine Rivers real estate market and buyer activity is only going to increase, a local real estate experts has said.

Get the full story from Courtney Todd from www.news.com.au

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Brisbane rents lift over 2019 but lag behind Gold Coast: Domain Rental Report

Rising Brisbane rents have not been enough to overtake the city’s southern neighbour, with the median house costing nearly $50 per week more to rent on the Gold Coast than in the state capital.

Get the full story from Jim Malo from www.domain.com.au

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Brisbane's rental market hasn't changed significantly in five years. Photo: Tammy Law