On a sparkling winter’s day, you can easily understand why BRISBANE is RENOWNED as AUSTRALIA’S FASTEST-GROWING CITY, recording an annual population growth rate of 1.8% over the last five years, outpacing both Sydney (1.4%) and Melbourne (1.5%), to 2,505,000 in 2023. Internal migration from more costly locations for a better lifestyle; new births and overseas migration caused Greater Brisbane population to increase by 59,200 people (2.3%), and the rest of the state increased by 49,800 (1.9%).
At Conveyancing Home QLD, we know Brisbane and understand your Conveyancing needs, with speedy, expert assistance. Get a free, no-obligation quote at https://conveyancinghome.com.au/instant-quotes/ or call 073236 2852 | e – info@conveyancinghome.com.au |Over 50% of our clients are repeat clients, they know how easy the process is with us.
What separates excellent suburbs to invest in from the rest? There’s no exact formula, but some common factors that indicate that a suburb has the potential for future demand and growth include:
• Easy access to public transport, especially the train line
• Quality school options
• Parklands
• Access to facilities including shopping centres and hospital
QLD fastest growing suburbs based on ABS data shows in first place, RIPLEY; Located southwest of Brisbane, with its 21% growth rocketing its population to around 16,000 people thanks to newly built property developments.) In second place, CHAMBERS FLAT-LOGAN RESERVE in LOGAN, south of the Brisbane metropolitan area has a 19% population increase thanks to property development opportunities; and then PALLARA – WILLAWONG in Brisbane’s south, is now home to around 10,600 people after its population increased by 19%.
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