QLD Post mining boom

Are there any types of property that would be better than others in terms of potential capital growth in QLD post boom towns? Eg acreage or 4x2x2 town house or renovator. Any that more likely to do better for the next boom if there is one? Thanks

 

Block of units. You want to jam as many people in as possible

Just get used to a vacancy of 5+years till next boom

 

Townsville

 

Consider where people wil be heading after mining construction winds down. If you are from QLD, you will get a good feel for this on the ground. If jobs don't return to their construction levels you can more or less expect property will not hit such extremes again. Just look at what demographics are out-pacing their usual property types.

Regional WA for example where properties have fallen up to 60%, will not be getting back to its previous levels because there will likely not be such a huge demand inbalance against supply again. Lots of regional residents moved to Perth, but lots of Perth residents moved to Melbourne. So on that logic, the best investment you could have made with regards to movements in WA was to invest in Melbourne.

So coming back to Queensland, the answer to your question lies in determining which demographic is going to be increasing in which region the fastest....

So on that note, here is a demographics heat map for QLD. Horizontal axis is ages from 0-60, and vertical axis is the year to June (1971-2016). Note that for a few years now there is an uncharacteristic drop in age groups above 50. That may imply that demand for "upcycler" and retirement housing is subdued compared to normal. If you believe this demographic fall is temporary, now may be a good time to lock in a property at a lower than average price point. This is supported by the fact that current dwelling approvals are heavily geared towards city apartments, so expect a flood in that market. On that logic, the market most likely to be in a shortage in the coming years will be upcycler and downsizer housing.

 

Queensland "waterfront" is so cheap compared to "harbourside". This beach is 30 minute's drive to the Brisbane airport.

 

Might as well be gambling, but if i had to put some money on the table, I'd go lowballing through Mackay, Rockhampton, Yeppoon, maybe even Bowen/Proserpine if you're brave.

Apologies, didn't see 'types', I'd just go for a quality fairly new low maintenance house.

 

D) None of the above.

Stick to SE QLD, The most regional I'd go is 1hr North or South of Brisbane. The rest of the state cops a pretty poor deal when it comes to infrastructure spend, and mostly relies on private enterprise investment.

OR just spend it all on lotto tickets

 

+1.