With Brisbane now well and truly on the investment buyers’ radar, competition is growing for properties that offer investors great value and potential return on investment. Many interstate buyers are choosing to do their own legwork in the Brisbane market, or are engaging buyers’ agents from Sydney or Melbourne to do their research for them.
A recent column, Bernard Salt has stated that Brisbane will play catch up over the next decade in its quest to become a major metropolis like Sydney and Melbourne. In another article, I explained why the last 10 years for Brisbane has been nothing short of disappointing in terms of growth, in particular capital growth.
While the Sydney and Melbourne property markets have been hogging all the headlines, Brisbane has been quietly chugging along in the background. But for how much longer will it be on the back pages? The latest CoreLogic data showed that for the last few months Sydney and Melbourne property prices were flat, yet Brisbane’s increased
CoreLogic recently released their monthly review of the Brisbane property market. It’s mostly good news, with Brisbane continuing its positive trend and growth factors remaining stable. As a result, house values have increased 4% over the past year. It is likely we will see this trend continue with migration to Queensland picking up momentum. However,
Beauty is in the eye of the beholder, and this certainly holds true in the world of real estate. Not all of us will love the same style of property. Some may prefer modern architecture and a contemporary lay-out and finish, while others may only be interested in buying period properties offering lots of charm
The dream of owning your own “castle” has changed a little, with many first homebuyers today buying an investment property first instead. In fact, Mortgage Choice’s latest investors survey revealed 36.6 per cent of investors were first-time buyers – up from 21.1 per cent at the same time last year. Australians increasingly want to live
Many financial and investment “experts” will tell you that your home is a liability – a financial burden that costs you in monthly interest repayments and yields little benefit as you sink thousands into maintaining it and paying ongoing costs like council rates. However, there are many long-term homeowners who would disagree, and I’m going
The Brisbane property investment market recorded its strongest numbers of house sales in nearly two years, according to the latest REIQ data. According to Anton Kardash , CEO of the Real Estate Institute of Queensland, the REIQ September quarter median house price reports the numbers of house sales increased over the quarter. The numbers of sales were also up
With 2012 coming to an end many property investors are asking where are the best property investment opportunities for 2013. Residex released their dwelling statistics for September which showed prices to have risen in the month. Theirsreports are useful because they also show how each city has performed over the past decade, and they provide some useful statistics