Brisbane’s property market has been forecast to outperform Sydney and Melbourne this year, enticing interstate migration with its lower-priced entry points amid Sydney and Melbourne's period of property price adjustment.
The Andrews' Labor government has rezoned 12 suburbs in order to build 50,000 new homes to feed the demand for housing in Australia's fastest-growing city.
The Australian economy has performed consistently in 2018, seeing growth in infrastructure investment and reduced unemployment levels, but indicators point to weaker conditions this year.