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PHOTO: Brisbane is apparently “on the cusp of a boom”.
QUEENSLAND is on the cusp of a housing boom fuelled by Sydney and Melbourne’s property woes, with a leading analyst predicting interstate migration to hit a record high by next year — putting upward pressure on home prices.
New research by Place Advisory provided exclusively to The Courier-Mail forecasts gross interstate migration to the state could surge to more than 120,000 by the end of June 2020, if current trends continue.
That would surpass the level reached in 2002, which was a catalyst for double digit house price growth.
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