All the signs were pointing to Brisbane becoming a property investment paradise and sure enough we’re now seeing domestic and foreign investors clamouring to secure their own slice of the action in the Sunshine State’s capital.
With the median house price skyrocketing to $600,000, competition to buy is certainly heating up. Incredibly low interest rates, strong infrastructure investment and quality education options are attracting buyers from both home and abroad.
International investment is certainly a key driver in Brisbane’s property market growth. According to LJ Hooker New Farm principal Brett Greensill, Asian investors are surging into Brisbane. ‘Cashed up Asian buyers are, literally, coming in by the bus load, snapping up properties in between visiting tourist attractions,’ he said.
Brisbane is 111% less expensive per square metre than in Beijing; so foreign investors can live a lavish, tropical lifestyle for a fraction of what it costs to live in the overcrowded capital of China. Add the recent drop in the Australian dollar and accessible quality education opportunities and Brisbane is hard to beat.
The bottom line? The decision to buy in this lucrative market could be a game changer for your financial security. If you haven’t already acquired property in this absolute prime location, it’s time to get moving.
Contact our Investment Representatives today to talk more about securing property in Brisbane. Fill in a Financial Snapshot NOW and email it through ASAP to [email protected]