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Introduction Samantha Reserve Redbank Plains Information Memorandum Queensland, Australia INVESTMENT PROPERTY CHECKLIST Location (Commuting Distance to Capital Growth Prospects Employment Hubs) Market Cycle (Is this a rising Population Growth market? Infrastructure Projects Rental Demand & Yield Economic Drivers (Ideally several Local Amenities (Proximity to different industries) Schools, Shopping, Hospitals) New Job Creation Public Transport (Proximity to Bus, Train, Light Rail) BOOMING SOUTH EAST QUEENSLAND • Approximately 1500 new residents are moving to South- East Queensland every week • The ABS projects there will be an additional 1.58 Million residents between 2020 and 2041 to reach 5.35 Million • That’s 79,000 new residents every year for 20 years • The QLD Government estimates 634,000 new dwellings will be needed in the next 20 years to accommodate this population growth • That’s 610 new homes required every week for the next 20 years to meet the housing demand. • The QLD government has allocated $134 Billion in infrastructure investment to support this massive population boom. • The 350 plus major infrastructure projects are expected to support about 930,000 jobs through to 2031. Source: Infrastructure Australia and QLD Government SEQ Regional Growth Plan: https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf LOCATION: SOUTH-EAST QUEENSLAND OUR INVESTMENT PHILOSOPHY INFRASTRUCTURE = NEW JOBS = POPULATION GROWTH = CAPITAL GROWTH Major infrastructure City Deal a multibillion projects fast tracked in dollar ‘Game Changer’ Queensland for SEQ Josh Bavas | November 20, 2019 Tony Moore | August 21, 2019 A raft of major infrastructure projects across Queensland The formal south-east Queensland city deal is expected to is set to go ahead, after a surprise deal was reached be signed in mid-2020. between the state and federal governments. The City Deal aims to unlock the economic potential of “..an agreement that will see about $1.9 billion worth of South East Queensland, ensuring its successful future for funding released in the short term”. next two decades. This is an extract from the News.com.au on the 20th of November 2019: This is an extract from the Brisbane Times on the 21st of August 2019: https://www.abc.net.au/news/2019-11-20/infrastructure-agreement-federal-and- https://www.brisbanetimes.com.au/national/queensland/clock-starts-ticking-on-south- queensland-government/11720440 east-queensland-city-deal-20190821-p52jgy.html/ “The Golden Triangle” Australia’s investment hotspot “SOUTHEAST Queensland’s property market offers a “golden triangle of opportunity”, with the region tipped to have the best capital growth in the country. - Realestate.com.au Source: https://www.realestate.com.au/news/southeast-qlds-property-golden-triangle/ TIME MACHINE INVESTING Imagine being able to go back in time 20 years and invest in Sydney and Melbourne property markets? SEQ IS YOUR TIME MACHINE GREATER MELBOURNE SOUTH EAST QLD SEQ IS YOUR TIME MACHINE GREATER SYDNEY SOUTH EAST QLD WHERE ARE THEY ALL MOVING TO? By 2041, SEQ is expected to accommodate an additional 1.98 million people, bringing its total population to 5.35 million SEQ’s current and projected population Population 2015 2041 Local Government Area (estimated resident population) (estimated resident population) Brisbane 1,162,200 1,572,000 (▲409,800) Gold Coast 555,600 928,000 (▲372,400) Ipswich 193,000 520,000 (▲327,000) Lockyer Valley 38,800 61,000 (▲22,200) Logan 308,700 586,000 (▲277,300) Moreton Bay 425,500 655,000 (▲229,500) Noosa 53,500 63,000 (▲9500) Redland 150,000 188,000 (▲38,000) Scenic Rim 39,800 62,000 (▲22,200) Somerset 24,000 38,000 (▲14,000) Sunshine Coast 284,500 495,000 (▲207,500) Toowoomba 133,400 180,000 (▲46,600) SEQ 3,378,000 5,349,000 (▲1.98 million) Source: Infrastructure Australia and QLD Government SEQ Regional Growth Plan update 2018: https://dilgpprd.blob.core.windows.net/general/shapingseq.pdf SOUTH-EAST QUEENSLAND $134 BILLION INFRASTRUCTURE PLAN The QLD Government has allocated $134 Billion in infrastructure investment to support the massive population boom. The 350 plus major projects are expected to support about 930,000 jobs through to 2031. 10 new cities are underway to house TOOWOOMBA the extra 1.4m residents coming in the next 15 years. YARRABILBA ESTABLISHED CITIES PRINCIPAL REGIONAL ACTIVITY CENTRES SOUTH-EAST QUEENSLAND LEADS THE WAY SEQ Property Market Sydney and Melbourne predicted to increase by property markets some 20% in 2019-22 of “the most challenged” Doug Scragg | July 19, 2019 Dinah Lewis Boucher | April 23, 2019 Property prices are set to increase by 20% which is While Sydney, Perth and Darwin property markets are the fantastic news for homeowners and investors in South “most challenged” right now, other cities show more East Queensland. Our region outperforms the growth of all mixed results, according to online property search site other major capital cities in the country. The forecast realestate.com.au growth for 2019-2022 is shown in the graph below (provided by BIS Oxford Economics). “..Brisbane market – jobs are being created and this is supporting population growth” This is an extract from the Wealthmed on the 19th of July 2019: https://www.wealthmed.com.au/property/seq-property-market-predicted-to-increase-by- This is an extract from the Urban Developer on the 23rd of April 2019: 20-in-2019-22/ https://theurbandeveloper.com/articles/australias-most-in-demand-suburbs Sydney and Melbourne QLD economy getting a prices could fall by 50 boost from Sydney and per cent Melbourne buyers Alex Brooks | April 16, 2019 James Hall | March 22, 2019 Queensland’s economy is getting a boost thanks to people Prices in some areas of Sydney and Melbourne are set to fleeing “crazy house prices” in southern states. tumble even further by 2022, with experts predicting the worst is yet to come. “All in all, this means that the state’s population growth will remain stronger than the national average for the next few “Prices will unwind in Sydney and Melbourne for at least years…” another three years”. nd This is an extract from Realestate.com.au on the 16th of April 2019: This is an extract from the Brisbane Times on the 22 of March 2019: https://www.realestate.com.au/news/property-armageddon-house-prices-could-fall-by- https://www.brisbanetimes.com.au/national/queensland/crazy-house-prices-causing- 50-per-cent/ southerners-to-flee-to-queensland-20190414-p51e1t.html SEQ Property Market to increase by 20% outstripping Sydney Median house price growth forecast, 2019 to 2022 and Melbourne Estimated house Forecast house Growth 2019 to 2022 (%) price June 2019 ($) price June 2022 ($) Sydney 980,000 1,040,000 +6 Melbourne 760,000 810,000 +7 Brisbane 552,000 665,000 +20 “SEQ outperforms the growth Adelaide 495,000 550,000 +11 of all other major capital Perth 505,000 540,000 +7 cities in the country.” Hobart 500,000 520,000 +4 Darwin 500,000 535,000 +7 - BIS Oxford Economics Canberra 680,000 750,000 +10 AUSTRALIA’S MAJOR PROPERTY MARKETS Darwin Population: +20,000pa Median Price: $460,000 Median Yield: 4.3% LOW GROWTH, TOO ISOLATED South East QLD Population: +80,000pa Median Price: $500,000 Median Yield: 4.8% HIGH GROWTH, HIGH YIELD Sydney Population: +90,000pa Median Price: $1million Median Yield: 2.7% HIGH GROWTH, LOW YIELD Perth Population: +20,000pa Median Price: $450,000 Canberra Median Yield: 3.5% Adelaide Population: +10,000pa LOW GROWTH, TOO ISOLATED Population: +10,000pa Median Price: $800,000 Median Price: $470,000 Median Yield: 3.9% Median Yield: 4.2% LOW GROWTH, 99YR LEASE NO GROWTH, TOO ISOLATED Hobart Melbourne Population: +3000pa Population: +110,000pa Median Price: $500,000 Median Price: $750,000 Median Yield: 4.2% Median Yield: 2.7% HIGH GROWTH, LOW YIELD NO POPULATION GROWTH INTERSTATE MIGRATION MASS EXODUS TO SEQ 5 year forecast 2017 - 2022 Homebuyer grant: $25k Sydney and Melbourne HomeBuilder scheme buyers looking to SEQ Samantha Maiden | June 4, 2020 Alex Brooks | April 16, 2019 Scott Morrison will fire the starter’s gun on a renovation rescue for the economy with $25,000 cash grants for new Prices in some areas of Sydney and Melbourne are set to homes and renos from midnight tonight. tumble even further by 2022, with experts predicting the worst is yet to come. Mr Morrison said the $25,000 grants would “support those Australians whose dream it was to build their home or to “Prices will unwind in Sydney and Melbourne for at least do that big renovation”. another three years”. This is an extract from News.com.au: This is an extract from Realestate.com.au on the 16th of April 2019: https://www.news.com.au/national/politics/homebuyers-grant-who-is-eligible-for-25k- https://www.realestate.com.au/news/property-armageddon-house-prices-could-fall-by- homebuilder-scheme/news-story/7e2060fb086fd5e18ca830a576a08c7f 50-per-cent/ THE PROPERTY CLOCK Gold Coast Moreton Bay Logan Melbourne Brisbane Sydney Ipswich SOUTH EAST QUEENSLAND LEADS AUSTRALIA Property hotspot for Queensland leads housing Queensland 2019 2020: Queensland top growth in Australia building hotspot: HIA performer Sophie Foster | January 16, 2020 Isabelle Chesher | January 4, 2020 Paul Shearer | April 20, 2019 Queensland is defying massive falls among southern Attention now turns to where the property hotspots of the states to post the highest growth in housing starts in the HIA QLD executive director Michael Roberts said the state new year will emerge. country, latest data shows. was well represented across the country, taking out five places in the national top 20. “Vacancy rates are very low … and rents are already It said the decline in building approvals was bottoming out, rising, which is a sign that there’s pressure on housing house prices were rising strongly since mid 2019, rates “The GC’s Pimpama area has remained the states’s no.
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