New research indicates that Queensland's 'robust' market conditions and record sale prices aren't going anywhere any time soon.

The Property Investment Professionals of Australia (PIPA)'s latest survey named Queensland as the number one property investment location over the next year.

The results revealed that a 'staggering' 58% of investors believe the Sunshine State offers the best prospects over the next year. This is up from 36% last year.

Brisbane topped the list as the best spot to buy, with 54% of respondents believing the state's capital will have the best investment prospects

Image Property Director of Sales Adam Empringham said southeast Queensland has had 'super strong' demand from buyers.

"There is no question that market conditions in the southeast are the best they have been for more than a decade, which is a situation that is showing no sign of abating," Mr Empringham said.

"Since the start of this year, the median house price in Brisbane has soared an extraordinary 19.2%, with units also increasing in value by 8.3% over the same period, according to CoreLogic."

He said another reason prices are 'skyrocketing' is due to the persistent undersupply of properties available, as stock has reduced by 32% this year alone.

For investors considering relocating, regional Queensland was one of the most popular locations.

Investors looking to buy in coastal and regional locations have risen markedly since last year, according to research.

"The Sunshine Coast market is red-hot with properties selling at the first open for inspection, or for record prices under the hammer, to investors and homeowners alike," Mr Empringham said.

"In fact, the coast is experiencing a new record low number of property listings, according to SQM Research, which is pushing prices ever higher.

"The total number of property listings on the Sunshine Coast has fallen a further 37% over the year to September, with asking prices up more than 17% as a result."


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Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.19% p.a.
6.58% p.a.
$2,589
Principal & Interest
Variable
$0
$530
90%
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6.29% p.a.
6.20% p.a.
$2,473
Principal & Interest
Variable
$0
$0
80%
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6.29% p.a.
6.42% p.a.
$2,473
Principal & Interest
Variable
$10
$690
90%
6.29% p.a.
6.57% p.a.
$2,473
Principal & Interest
Variable
$299
$299
80%
6.29% p.a.
6.35% p.a.
$2,473
Principal & Interest
Variable
$0
$799
80%
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

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