Property price is very much dependent on the population growth. Can any veteran shed some light on why QLD attracted so many people in early 2000 ? Was it because Brisbane was better and/or Syd/Melb was worse ? Mining boom did not even started back then, I am not sure. There was a tech boom/bust around 2000. I only remember there was a constant ad running all the time in TV in late 90s, "Beautiful one day, Perfect the next".