The article comments that RTA figures show that more people are renting in Queensland than ever before , especially SE Qld. Bonds held there have grown by more than 21,000 in the past 2 years. RTA figures indicate that people are renting unbits and townhouses rather than houses and living in the more affordable suburbs outside the inner suburbs. They also report government figures that show Queensland population boom will continue for some time and the increasing tennant demand indicates higher rents. The highest increases are in Mckay where rents have increases 45% in 3 years!!
The magazine also comments on the growth in the Northern Gold Coast where Coomera is expected to double its population in the next 5 years. The new 22 hecctare town centre will be developed around the Coomera Railway Station (Dreamworld) ,will cost more than $100mil will be bigger than Southport.
http://www.propertylifestyle.com.au/
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