Balanced News: Queensland home that last sold for $25k now worth $1.3 million

A Queensland home in Coorparoo, which was last sold for $25,000 in 1977, is now on the market for $1.3 million. The house, built around 1912, is in need of renovation but cannot be demolished. Despite its current condition, renovators are interested in the property due to its location and potential. Economists predict a strong demand for homes in Brisbane as the market continues to recover, resulting in higher prices.