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$550k for 89m²: The price of entering the market

A Southport family has paid $550,000 for a tiny 89m² block of land, but HIA Executive Director, Mike Roberts, joined Jason Matthews on 4BC Mornings and revealed that neighbouring properties are even smaller at just 60m².

This shift highlights a chronic land shortage in Queensland, forcing buyers to choose between traditional apartments or building vertically on “postage stamp” freehold lots.

Hear more highlights from 4BC Mornings below and download the 4BC App on iOS or Android to ensure you don’t miss a thing!

Image: iStock

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