AREC 2018 Gold Coast: John McGrath labels SEQ Australia’s real estate ‘golden triangle’

AREC 2018 Gold Coast: John McGrath labels SEQ Australia’s real estate ‘golden triangle’

October 6, 2020 qwmzqibw 0

first_imgJohn McGrath, founder of McGrath Estate Agents, says there is much more growth to come in South East Queensland.REAL estate veteran John McGrath has called the boom in South East Queensland Australia’s real estate ‘golden triangle’.“Its affordability I believe will continue to attract record levels of interstate migration,” he told The Sunday Mail ahead of today’s start of the two-day premier real estate conference AREC.“I believe the area from the Gold Coast to Toowoomba and up to the Sunshine Coast is definitely Australia’s golden triangle right now.” RELATED: How agents can learn from Silicon Valley Judi O’Dea’s successful career change at 48 The founder of McGrath Estate Agents said there was a lot more to come over the next few years given SEQ offered “so many options for asset rich, cash poor southerners”.He labelled Brisbane “the best market in Australia currently for short to medium term growth”.“The value gap between Brisbane and the other big east coast capitals is as large as I’ve seen it in many years.” More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoNew Farm, Kangaroo Point and the Brisbane CBD were riding the luxury downsizers growth wave.“When you factor in the key drivers for future growth — liveability, affordability, scale, future economic prospects — they all suggest Brisbane is a market to invest in.”“Toowoomba is the perfect and affordable treechange. Brisbane offers big city opportunities while Gold Coast and the Sunshine Coast are ideal seachangers. “This area has seen some early stage growth but nowhere near the capital appreciation that Sydney and Melbourne have seen.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:30Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:30 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAREC 2018 promo video00:30 He said McGrath’s top prestige agent in Brisbane Alex Jordan was reporting a significant trend in downsizers buying up luxury apartments now.Among the key suburbs riding that wave were New Farm, Newstead, Teneriffe, Kangaroo Point, South Brisbane, St Lucia, Paddington and the Brisbane CBD.*News Corp Australia is a sponsor of AREC which was expected to involve over 4,000 real estate professionals. FOLLOW SOPHIE FOSTER ON TWITTERlast_img

 

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