House prices set to DOUBLE in one Australian capital city as people look to ...

House prices set to DOUBLE in one Australian capital city as people look to ...
House prices set to DOUBLE in one Australian capital city as people look to ...
House prices set to DOUBLE in one Australian capital city as thousands flock to the 'freedom' state to escape lockdowns Property prices in Brisbane on the rise as residents flee Sydney and Melbourne More than 30,000 Australians moved to Queensland in 2020 - a 15-year high Ongoing Covid lockdowns and flexibility in working from home are key factors Current median house price in Brisbane is $678,000 - that could soon double

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House prices in Brisbane could double in the next few years after thousands of residents relocated to the Sunshine State in a desperate bid to escape relentless Covid lockdowns.  

In a sign of the times, more than 30,000 Australians moved to Queensland in 2020 - a 15-year high.  

And with a population of roughly 3.7 million, Queensland's southeast corner is already the nation's fastest-growing zone.

Forecasts suggest it will top five million by the middle of the next decade.

With Queensland premier Annastacia Palaszczuk citing the rush to escape lockdown as the primary reason for the significant influx of people from other states, real estate experts agree the trend is likely long-term.

More than 30,000 Australians moved to Queensland in 2020 - a 15-year high - in a bid to escape lockdowns in the likes of Sydney and Melbourne (pictured, elite living at Hamilton on the Brisbane River)

More than 30,000 Australians moved to Queensland in 2020 - a 15-year high - in a bid to escape lockdowns in the likes of Sydney and Melbourne (pictured, elite living at Hamilton on the Brisbane River)

The current median house price in Brisbane is $678,000 - far cheaper than other Australian capital cities - but that is set to change over the coming years (pictured, Brisbane's CBD)

The current median house price in Brisbane is $678,000 - far cheaper than other Australian capital cities - but that is set to change over the coming years (pictured, Brisbane's CBD)

'Homebuyers have realised working remotely due

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