Brisbane is booming and yet real estate prices are still the 4th cheapest behind Sydney, Perth and Melbourne. 1000 plus people a week are moving north from southern states. This is having 2 effects on the property market. Firstly upward preasure on real estate prices and now a tightning on the rental market. In fact rental properties are now so much in demand that some people are waiting months to get a rental house. This high demand is causing rents to sky rocket, making it an investors paradise.