Property investment: Brisbane QLD

Analysts expect the current situation in Brisbane to last for the next 10 years, based on the popularity of Brisbane and 'sunbelt migration'. That is, as people migrate to Queensland, prices tend to rise.

The last 8 months of the Brisbane residential market have been highlighted by the first home buyers in the under AU$500,000 market. The positive aspect has been that the first home buyers have been purchasing a large proportion of investment property (tenanted property), which means that the rental pool has shrunk, which in turn puts even more pressure on the rental market underpinning its value.
There remains strong underlying supply and demand fundamentals, so the Brisbane market has a solid outlook for the medium to long term, albeit perhaps a bit more subdued over the short to medium term.

Building approval numbers have fallen away over 2009, which means it is unlikely that the shortage of property will be addressed in the short term.

The median house price in Brisbane rose to AU$437,175 since upgrades and investors took the baton from first home buyers in the last quarter. Figures show that both apartments and houses in Brisbane are being snapped up by investors, upgraders and downsizers alike within 29 days.

The 'value for money' in the river city has been underpinned by historically low mortgage rates and only small rises in unemployment.

Coupled with these already strong incentives is the desire, in almost any large city, for young people to live in low maintenance housing that's near work and recreation. Brisbane's burgeoning cafe society only just begun to recognise the city's enormous potential in this regards.

We have a large range of property developments in Brisbane, so make sure you get in before the property rise.