If the property market is any indicator, our local area is among many in regional Queensland becoming more popular with people looking for a better quality of life.
The latest data from the PropTrack Home Price Index, released last week, shows the property market in regional Queensland is booming.
Since the beginning of the Covid-19 Pandemic, in March 2020, property prices in regional Queensland have risen 60.5 per cent, the highest growth in Australia.
The median value is now $634,000.
The annual growth in regional Queensland from December 2022 to December 2023 was 8.47 per cent.
Annually, median house prices in Cambooya have increased by 10.8 per cent to $505,000, in Wyreema by 9 per cent to $506,000, in Westbrook by 11.5 per cent to $717,000 and in Hodgson Vale by 7 per cent to $922,000.
This article appeared in On Our Selection News, 11 January 2024.
