thevagrants Note that Brisbane is not a tied to the resource...

thevagrants

Note that Brisbane is not a tied to the resource market as you would think

from 2009 - 2013 during our 2nd resources boom with China the Brisbane market actually went backwards (In most suburbs)

Now that the currency is falling long standing QLD exports such as coal, agri and new exports such as LNG will pick up

Thats not to mention the fact that tourism in SE-QLD is more important to the local economy that mining and this is already picking up

If you want to look at QLD property markets tied to the Resources sector I would be referring to Bundaberg and alike

Those markets will suffer whilst SE-QLD will go for a run

On the whole this equates to net (+) growth from QLD...and just like any state there will be sub markets that rise and sub markets that fall