Strong Growth Predicted for Brisbane and Sunshine Coast
According to the recently released QBE Australian Housing Outlook 2019-2022, Brisbane is Tipped to shine over the next 3 years with 20.3% growth and The Sunshine Coast will also beat most capital cities with 7% compared to Sydney 5.8% and Melbourne 5.3% ….Read more here
Confidence appears to be returning to the market with Auction clearance rates rising and Craig’s seen an increase in activity on the ground at open for inspections with open for inspection numbers also increasing.
The Edge Property Buyers have seen solid sales volume increases in the suburbs we have been buying in, and the good news is this generally leads to price growth.
Median prices shouldn’t be looked at in isolation but we are seeing increases across these suburbs, and the star performer was Gordon Park with 11% followed by Bardon, Alderly, Everton Park/Hills, Ferny Hills and Boondal.
Up north towards the new USC University campus at Petrie and the Moreton Bay Rail Link, Bray Park, Murrumba Downs and Kippa-Ring are doing well with some solid yields as well.
There are many investment opportunities in different price points across the city, however, as usual, you need to do your due diligence and research, research , research to find the best location that meets your budget and investment strategy.
If you would like to arrange a time for an obligation free discussion with Craig about your or your client’s property investing requirements you can access our calendar by HERE