One property commentator has bottled up his own brand of risk-versus-return calculations to identify suburbs he thinks will deliver “solid capital growth” over the next 5-10 years.
Doron Peleg, co-founder of RiskWise Property Review, told Your Investment Property Magazine that Brisbane investors can expect solid potential returns from houses in established suburbs.
In particular he favours these #5 inner north-west stalwarts:
- Ashgrove (median price of $857,000)
- The Gap ($628,000)
- Paddington ($947,000)
- Bardon ($875,000)
- Indooroopilly ($850,000)
Like the rest of the chorus he’s warning of a probable oversupply of units in inner Brisbane which will slow capital growth.
He also cautions against units in Melbourne due to oversupply, and Sydney CBD unit blocks which may face lender restrictions.
Perhaps that’s why they say ‘safe as houses’ and not ‘safe as units’.
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