Affordable West SEQ Market Set To Skyrocket
Research shows that a suburb in the Toowoomba region is set to increase by a quarter of its current price in three years.
Amongst five national markets predicted for growth, the suburb of Middle Ridge, located to the outer West of Brisbane with a median price of $524,490, has been ranked second with a forecasted growth of 23.9 per cent by 2022.
The two driving factors for growth in Toowoomba are the Second Range Crossing and InterLink SQ projects. Both are infrastructure initiatives that are expected to give better accessibility to the region and provide abundant employment opportunities. Where the Second Range Crossing is a route expected to ease traffic along the Warrego Highway, InterLink SQ is a railway that will connect the region to the Port of Brisbane, a major, international freight hub.
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