John McGrath is a household name in the Sydney property market, so it comes as somewhat of a surprise that the acclaimed Sydneysider is very excited and up-beat about Brisbane.

In fact, he sees south-east Queensland as being the strongest Australian east coast property market over the next three years.

"The market I am really excited about is south-east Queensland," he recently blogged. "Prices in Brisbane and the Gold Coast are still below pre-GFC levels, while Sydney is about 10% above now, so there is a greater likelihood of better capital growth in the sunshine state over the next few years."

The huge gap between median property prices in Brisbane ($470,000 for a house and $383,000 for a unit), compared to $775,000 / $557,000 for a Sydney house/unit will see people starting to take advantage by either moving or investing in Brisbane, McGrath forecasts.

Already 2013 showed some sign of this with Brisbane house prices increasing by 5.3% and units up 3.5%.

Sydney enjoyed a "phenomenal spring season" last year, according to McGrath, and although he expects 2014 to be another good year for Sydney, "the strongest market over the next three years is likely to be south-east Queensland.

"In short, we ain't seen nothing yet! We're just at the beginning of the recovery.", McGrath enthused about south-east Queensland.