Brisbane continues to solidify its position as an investor favourite as Sydney and Melbourne come off the boil.
Your Investment Property magazine asked the experts why those chose Brisbane. Check out the top #5 advantages they say our River City offers:
- Strong rental yields compared to other capital cities
- Undervalued market, particularly in comparison to Sydney and Melbourne
- Jobs growth in hospitality and tourism thanks to a lower Aussie dollar
- Growth in public sector employment thanks since the Labour government came to office
- Potential for interstate migration from punters chasing employment opportunities
But growth is not a sure bet. Suburb selection and property type are key. All are agreed the inner city unit market remains a no go zone. Outer suburb house and land packages are also a risky place to park your dollars.
Local knowledge remains key to identifying those hot spots where demand and scarcity meet.
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