Dramatic predictions for real estate after Qld election [Video]

Fresh analysis of the impact of Queensland’s state elections on the real estate market has predicted dramatic fallout for residential property after voting is complete.

A double digit spike in property sales could be in store for Queensland post-election, according new research by Place Advisory crunching sales numbers off the past three electoral cycles.

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It’s projected a boost in market confidence with an increase of 10 to 15 per cent in sales during the quarter following the election, irrespective of the winning party.

Historically the market stalls around elections as buyers adopt a wait-and-see stance but comes back strongly immediately afterwards, with the last 2020 election seeing a double-digit spike in sales volumes (+15 per cent) when the Labor party retained its hold on power.

That rise was significantly …