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Qlds baby boom suburbs pushing up property prices [Video]

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Voice of Customer Analysis

Families are forking out thousands of dollars more to secure a dream home in Queensland’s baby boom suburbs, where intense competition is driving up property prices.

An analysis by KPMG reveals a demographic divide is reshaping the real estate market, with the nappy valley city fringe suburbs thriving as births outnumber deaths by a staggering ratio of 14 to one, while the tombstone towns of the older coastal and regional areas lose nearly one resident every day.

Extraordinary growth in Ipswich’s emerging communities was led by Ripley, where there were 367 births compared to just 26 deaths last year, creating surging demand for family-sized homes.

SOLD: $735,000 6 Macadamia St, Redbank Plains

Springfield Lakes and Redbank Plains also recorded strong ratios of 7:1, with Coomera on the Gold Coast (6.5:1) and Burdell-Mount Low outside Townsville (6.35:1) following closely.

Younger homebuyers flocked to these greenfield growth areas for their affordable house-and-land packages and family-focused amenities, pushing up property …

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