Jordan Navybox discusses the Queensland market in the lead up to the 2018 Commonwealth Games
The Commonwealth Games – the first multi-sport spectacle to be hosted in Australia in over a decade – will kick off on the Gold Coast in April. The 11-day event is expected to generate over $2 billion worth of economic activity in the area, with jobs and foundation industries like construction, real estate and tourism set to rise. With all signs pointing up, it can be tempting for investors to jump in and capitalise on the ‘booming’ real estate industry. However, while the Games may offer an immediate fillip, it’s also important to consider the wider trends in the region.
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