Known for its fantastic beaches, unique tourist attractions and beautiful weather, it’s no surprise Australians are looking to relocate to Queensland’s major cities.
But with more people flocking to the state, supply is unlikely to meet demand, and prices are expected to increase in Brisbane, the Gold Coast and the Sunshine Coast after several quarters of downturn.
The most recent Domain Forecast Report predicts that house prices in these Queensland markets will increase by 1 to 4 per cent by the end of the 2023-24 financial year.
Forecast Growth of Major Qld Cities
| Location | Houses | Units |
| Brisbane | 1-4% | 0-1% |
| Gold Coast | 2-4% | 1-2% |
| Sunshine Coast | 1-2% | 1-3% |
*Forecasts are the predicted percentage change in house and unit prices by the end of FY24.
Note this forecast spans 13 months (from the beginning of June 2023 to the end of June 2024)