What’s Ahead for Brisbane’s investment property market in 2017?

Investment Property Brisbane

Brisbane property prices have recorded a healthy rise throughout 2016 and leading experts predict continued growth for the city’s investment property market in 2017.

Featuring affordable residential opportunities and strong rental yields, Brisbane’s investment property market offers an escape for buyers who have been priced out of Australia’s two big capital cities. If you are searching for an investment property in Brisbane, here are some things to keep in mind.

Why are buyers choosing to invest in Brisbane’s property market?

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There are a number of reasons buyers are choosing to invest in Brisbane’s property market. For a start, Queensland’s capital city is an expanding market that has shown consistent growth over the last few years. There is also the matter of affordability. Brisbane, compared to the Sydney and Melbourne markets, offers much more affordable property prices, but with the added bonuses of higher growth rates. Yield or total return is the other key factor investors are watching closely. As a rule of thumb, Brisbane property is presenting better yields when compared to its larger capital city rivals.

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What are the best areas for investment property in Brisbane?

In 2017 a huge 29 suburbs are expecting a rise in house prices. With a particular growth in the outer city region of Moreton bay. If you are looking for investment property within central Brisbane, the inner city suburb of Bardon is also predicting a rise. The Logan area has been showing progressive growth over the past few years and will continue to do so in 2017. Northern Brisbane suburbs of Bald Hills, Brighton, Fitzgibbon and Hendra are also predicted to see a rise in house prices. Brisbane property investors also have their sights on the southern suburbs of Darra, Eight Mile Plains and Heathwood.

When it comes to finding an investment property in a location that is going to grow it is always best to see expert investment advice. A buyers agent will have access to information on market trends and will be able to guide you in the right direction to ensure your investment property will provide a healthy return.

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First home buyers

Property investors are facing tougher banking conditions. While interest rates are falling. This may make it easier for first-time investors to take a position in Brisbane’s property market. The affordability of the local market, when compared to other capital cities, is an additional bonus for first-time investors.

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Investors

Yield, also known as total return on a property is a key factor in an investor’s decision when purchasing a property. As a general rule, Brisbane property presents better yields when compared to other capital cities.

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Mums and dads

Brisbane has a great number of schools, plenty of space, parks and public child-friendly spaces and an abundance of homes in up and coming and central suburbs. This along with the low cost of living in Brisbane compared to other capital cities makes this the perfect place to invest in a family home for young families.