January to May 2019 edition out now!
Brisbane looks poised to deliver on its potential for growth, with many of the factors needed for an upswing now falling into place.
There are growing signs of improvement in the key indicators that drive real estate markets forward:-
- The Queensland economy is showing increasing signs of improvement, having led the nation on jobs creation in the past few years.
- The resources sector, a big element in the state economy, is showing increasing signs of revival.
- The state is now the national leader on net gains in population from interstate migration, a feature that has traditionally made Queensland strong but which has been lacking in recent years.
- But potentially the biggest factor is the $50 billion in spending on Queensland infrastructure over the next four years, announced in the State Budget in June 2018.
Infrastructure activity is a major catalyst for economic activity, jobs creation and demand for residential real estate, as we have witnessed in Sydney in recent years.
Against this background, the Brisbane market is attracting interest from investors disenchanted by the prices and yields in Sydney and Melbourne.
Compared to the southern capitals, Brisbane appeals as a city that offers good value. Its prices are roughly half those in Sydney and its rental yields are much higher. And recent surveys have found Brisbane is the No.1 choice for property investors who plan to buy in the near future.
To learn which Brisbane locations are tipped to excel on property prices in 2019 and beyond, buy the latest edition of the Top 5 Brisbane Hotspots 2019 report.
It details 5 recommended hotspots and explains why each demands attention from investors seeking superior capital growth.
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