Commercial investors flock to Queensland
Commercial investors have been focussing on Queensland on the back of its strong population growth and wide range of assets to choose from.
According to Ray White, over the past decade Queensland’s investment activity has grown to more than 40% of total national turnover.
At the same time Western Australia and South Australia have also experienced record growth during COVID, with investors busy hunting for industrial assets.
Investors looking for yield have also been targeting Tasmania, where investments grew from 2015’s previous high of $387.2 million to $557.88 million in 2021.