Client result: Morayfield, QLD
Tracy and Kristian join the SEQ property boom
Interstate investors Tracy and Kristian bought a new house and land package at Morayfield, 40km north of Brisbane, and saw its value rise by more than $60,000 between purchase and completion.
The numbers
$60k+ equity at handover
- Property
- New house and land package (Bravo Home)
- Location
- Morayfield, 40km north of Brisbane
- Buyers
- Tracy and Kristian, Western Australia
- Result
- Value up $60,000+ from purchase to completion
Figures as published at the dates shown, from the sources shown. Past performance does not guarantee future results.
Tracy and Kristian are a young Western Australian couple who wanted to build wealth through property. They were particularly interested in house and land opportunities in South East Queensland’s emerging high-growth corridors.
Merritt Property Group sourced a new house and land package at Morayfield, 40km north of Brisbane, in the Moreton Bay growth corridor. By the time construction completed and the keys were in their hands, the property’s value had already risen by more than $60,000.
They are part of a much bigger story. With net interstate migration into Queensland running above 30,000 people a year, housing demand and rental yields in SEQ have kept climbing, and interstate investors make up over 40% of sales in some parts of the region.