An overview of the Brisbane market.
There has been a significant increase in population within South East Queensland over the last three years, and looking towards the future, it is predicted that the Brisbane CBD will see a 21% boom in population growth by 2036.
The simple fact with this information is, More people = More residences for people. With a large number of people from all demographics moving to Brisbane and surrounds, the opportunity opens up for investors to be strategic with their properties in order to purchase low and maximise growth.
Obviously, the reality isn’t as black & white;
Investors know that property markets in general are diverse, however, Brisbane isn’t just one property market. There are multiple markets, and just like other capital cities across Australia, there are some locations across Brisbane that will yield long-term gains, while there are other locations that should be avoided by investors.
Although some suburbs of Brisbane have shown slow and sluggish performances over the past couple of years, there are most definitely suburbs which are performing very reasonably and are projected to show substantial growth thanks to infrastructure and project developments. There’s a wealth of opportunity all around the CBD and Greater Brisbane for high-quality investments but it pays to do your research and get the right advice.
Good luck out there.
Brisbane Property Specialists
