Are you looking for love? How about an investment property in Brisbane?
Why not kill two birds with one stone and check out some locations that aren’t being affected by the current shortage of men?
Luckily, in Queensland, there are a few suburbs where the men are in surplus!
Take, for example, the suburb of Enogerra.
According to the data, this riverside suburb has the men outnumbering the women, with 110 males for every 100 females.
For the investor or someone looking for a sea change, it’s a great place to investigate further.
If you’re looking for a bachelor hotspot, look no further than Mount Gravatt.
Australian demographer Bernard Salt has discovered, according to 2015 data, that Mount Gravatt contains the highest amount of single, young men compared to all other regions in Brisbane.
Median house values sit at around $660,000, while units go for around $440,000.
Other suburbs that contain more men than women include Broadsound, Coopers Plains, Glenlee and Rockyview.
Another surprising suburb that has a higher ratio of men to women is Mount Isa.
Known best for its mineral mines, this regional hub provides a lot of opportunity both in terms of employment and dating!
The locals affectionately refer to the suburb as “The Isa”, and property prices are reasonably affordable.
The median house price is just $240,500, and while this looks like a cut-priced option for those looking to buy into the property market, by now you’ll know we would steer clear of investing in mining towns.
But if you’re already coupled up with someone, how is this information going to benefit you?
Well, if you’re investing in property, you might be thinking about aiming for a particular demographic as potential tenants.
Of course it’s a good idea to remain reasonably flexible when it comes to choosing tenants, keeping in mind that legally, landlords can’t discriminate based on gender.
So, while you might be of the opinion that single men or women might be a better tenant option, the stereotypes don’t always ring true; it’s important to take into account their full rental application.
So whether you’re single and looking to find love, or looking to have a better chance attracting renters in a particular demographic, the Brisbane property market could be a great place to look.