Queensland to exceed expectations in 2014

Terry Rider from the Property Observer has this fearless forecast: Brisbane will be the most improved among capital cities in 2014. Here are the key facts and arguments:

Brisbane has lagged behind all the other capital cities in property price growth for this year, partly because of several factors, including the 2011 floods and job and spending cuts by the government.
By the end of the year, Brisbane has recorded a 4.1% increase in its property price growth.
There is a significant increase in home sales in key suburbs (Alderley, Algester, Aspley, Bridgeman Downs, Carindale, Camp Hill, Clayfield, Darra, Deagon, Ferny Hills, Holland Park, Moorooka, Morningside, Nundah, Paddington and Ipswich City).
Median House prices are still moderate at 7%.

All these factors not only show that Queensland is recovering, but it is also ready to dust itself up and join all the other states in its bid to claim its share in the property market.

Read more about this on the Property Observer website.