Once again Queensland has proven to remain one of the top destinations for Australians moving interstate. The proof is in the pudding, following on from the latest Bureau of Statistics figures which show that 3190 Australians moved to Queensland in the six months to September.

Comparatively, in that same period, New South Wales continued to lose big numbers interstate; we’re talking 2810 Australians who were looking for greener pastures – that’s almost the same number that moved to Queensland. Similarly, South Australia lost 1310 to moving interstate and, while a smaller number, Western Australia also remained in the negative losing 210 as well.

Looking at these figures it is obvious that Queensland remains to be one of the few Australian states that people flock to, which is (once again!) good news for our local investors. 

More significantly though, Australia’s younger population are the ones that continue to head up north; a strong demographic that Brisbane keeps attracting to its CBD. This consistent injection of youth is one of the main reasons Brisbane’s inner city apartments maintain such an attractive offering for investors now, and in the future.  

However, this isn’t anything new, Queensland has always been one of the leading destinations for Australians moving interstate. What’s new is that while other states reflect a loss in numbers, Queensland continues to grow in leaps and bounds - according to bureau projections, it believes that Queensland will have a population of 8.8 million by 2056.

Reflecting on this recent report, as more young people continue to make the move to Brisbane, it once again proves that CBD apartments are a very attractive  investment with fantastic growth potential. To get on the front foot and take advantage of new opportunities as they arise, contact Hannah Schuhmann on 0419 782 133.