Toowoomba identified as real estate hotspot

TOOWOOMBA has been identified as one of the top Australian suburbs geared for capital growth this year.

Smart Property Investment has released its 2013 Fast 50 list of the country's 50 best suburbs for investment, with Toowoomba being picked by six leading real estate experts.

"Few places are better located than Toowoomba to benefit from the greatest force in the Australian resources sector - the LNG industry," Terry Ryder, Fast 50 contributor and Hotspotting director, said.

"The Surat Basin, just outside Toowoomba, is alive with gas-related activity, adding a major additional element to the city's strong and diversified economy."

Chinchilla and Oakey also made the list.

For the original post visit: http://www.thechronicle.com.au/news/toowoomba-identified-real-estate-hotspot/1719125/