Queensland dominates the top 10 regional locations most popular with buyers, but two other states are seeing surprising strength now.
New research from NAB, released Friday, reveals six of the 10 regional hotspots for property purchases this year are in the Sunshine State, led by Ipswich, Logan-Beaudesert, and Wide Bay.
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But four spots are split between Victoria and New South Wales, with Newcastle and Lake Macquarie topping the list, which includes all types of property purchasers, including first homebuyers and investors.
NAB executive Denton Pugh said Queensland’s weather, lifestyle, and “surprising pockets of affordability” made it one of Australia’s most popular regional markets.
“Demand for property in the state is rising and showing no signs of slowing down,” Mr Pugh said.
Mr Pugh said …