Property confidence at record high as economic expectations rise

PHOTO: Property confidence in Queensland is at its highest level since 2015.

CONFIDENCE has hit record levels in the property sector, with Queensland at its highest level since the mining boom, the latest industry survey has found.

The ANZ/Property Council Survey said there was growing confidence in Queensland amid positive expectations of economic growth in the state led by infrastructure projects such as the Cross River Rail.

Property Council Queensland executive director Chris Mountford said sentiment had jumped by 13 index points since June 2017.

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