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ABC News
ABC News
Business

Sunshine and Gold Coast properties have boomed since 2020, now they're leading the real estate downturn

It's a long way from a bust, but the booming property prices in Queensland’s two biggest regional centres are clearly cooling, with values now falling faster than almost anywhere else in the state.

The Sunshine and Gold Coasts in the state's south-east became a safe harbour for interstate migrants looking to flee the heavy COVID restrictions in New South Wales and Victoria throughout the pandemic.

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