Queensland has seen a surge in expectation of capital growth coming out of houses, a sentiment survey involving one of the Big Four banks has found.
It was the fourth consecutive quarter of rises, according to the quarterly survey, though Victoria (145) and NSW (147) were still seeing higher confidence levels.
Property Council Queensland executive director Chris Mountford said despite the positive results, Queensland could not afford to rest on its laurels.
“The results show a sunny outlook for Queensland, but an increasing amount of daylight evident between us and the other major states.
As we head into a state election, it is critical that Queensland policymakers embrace policies which will unlock growth, create jobs and build confidence.
“A greater level of infrastructure investment is key to supercharging our recent confidence boosts.”