Property values in Qld.

Some things are not making sense to me.  The metropolitan area property where there is infrastructure and services have increased in price about one third, more or less.  The country districts, especially near the coast have doubled in price, for example from $200k about two years ago to $400k at present.  In these quieter towns the owners have built mansions and it seems they are not bothered about schools and hospitals.  The fact that the closest medical facility is an hours drive away must be acceptable too, as the public transport would be non-existent.

All I can think is that the property was bought for cash and rising interest rates, as well as work opportunities are not in the equation.

Maybe retirees are looking for a quieter existence, slower pace, less traffic as well as more boating, fishing and crabbing opportunities!