Forest, what your relo's tell you is consistant around Brisbane/Gold Coast. The Qld market cycle lags behind Sydney & Mebourne by about 2 years, hence their run up has been more recent. They are also coming off a long, flat period follwing a large over supply in the late 80's. Demographics are starting to play its part as well. The good old "Baby boomers". Many are nearing/about to/have just retired and are looking for their retirement place in the sun and near the beach ie Southern Qld. This has also had its effect here around melbourne. The Mornington Peninsula is looked on as a spot to retire to - hence the growth of golf clubs there. Unlike their parents, most boomers have money and will spend it on lifestyle. This trend will continue for another few years yet.
