John McGrath reveals 10 Queensland suburbs tipped to buck housing downturn

Ten Queensland property hotspots have been tipped to buck the housing downturn, with real estate heavyweight John McGrath revealing where he believes buyers could make serious money in 2027. From affordable Brisbane suburbs to overlooked regional towns, the property guru has identified the locations he expects to outperform as Australia’s housing market experiences one of its sharpest corrections in decades. This five-bedroom house at 15 Anzac Ave, Sandgate, is on the market for offers over $2.399m. The McGrath Report 2027 names Beenleigh, Caboolture, Jindalee, Sandgate and Palm Beach among southeast Queensland’s standout prospects, alongside five regional locations. It comes as Mr McGrath warns property values in major Australian cities have fallen by as much as 10 to 15 per cent since February, with some markets down 20 per cent. “This is my eighth market correction since I entered the industry more than 40 years ago, and it feels like the fastest fall in values I can remember,” Mr McGrath said. But he believes the downturn is creating opportunities for buyers prepared to look beyond traditional property hotspots. McGrath Estate Agents director John McGrath. Beenleigh, between Br...