Interest In Regional Queensland Revives After Land Tax Scare
Hotspotting
English - November 03, 2022 23:16 - 3 minutes - 3.53 MBInvesting Business Society & Culture Places & Travel hotspotting propertyinvesting propertyinvestment firsthomebuyer smsfpropertyinvestment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Regional Queensland is a natural consideration for property investors because many of its cities offer attractive affordability and good yields within the nation’s leading population growth state.
The market’s appeal was temporarily curtailed by plans from the Queensland Government to introduce an onerous land tax policy, causing investors to shelve plans to buy in the state.
However, more recently the State Government has been forced to admit that its tax proposal was unworkable.
Since the announcement that the land tax plan was being scrapped, investors have put Regional Queensland back on the agenda.
Many of the state’s regional centres are ideal targets for property investors because they offer low prices and high yields, supported by ultra low vacancies, at a time of rising interest rates.
They also present good prospects for future growth, underpinned by strong local economies and big spending on infrastructure.
Discover our top picks for regional Queensland investment in our new Top 5 Regional Queensland Hotspots report.
https://www.hotspotting.com.au/product/qld-regional/