Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Monday, 29 January 2018

Turning of the tide

Tide turning...follow the sun

Since the peak of the resources construction boom, it’s been a long, slow period for Queensland’s economy.
But things have been looking up.
Tens of thousands of Australians are now relocating to Queensland for its considerably cheaper and warmer climes, particularly from New South Wales. 

Immigration to Queensland is also picking up from overseas.
Population growth in the state has suddenly roared back from below 60,000 to above 80,000...and rising.
With cheap entry prices for property investors, and tens of billions of dollars of equity in the most populous states looking for a home, opportunities abound in south-east Queensland.
Unfortunately many interstate investors will get caught out as they did in the last cycle buying the wrong type of property, especially in the new apartment space.