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It’s no secret the majority of interstate investors are seeing QLD as the best investment prospect due to affordability, lifestyle, interstate migration and a lesser impact from lockdowns. And with a bright future ahead including the hosting of the 2032 Olympic Games, it’s the perfect time to get into the market.
Over the last 24-months property values have surged. This is good news as it means you’ll have more equity in your current property to utilise toward the perfect investment.
These surging prices are also the reason you shouldn’t wait to assess your situation to see what you’ll be able to afford in an investment property. With prices yet to peak, there is an amazing opportunity to achieve some significant growth over the course of the next few years in the value of your investment property.
Brisbane, Queensland’s capital city, is currently one of the main drivers for Queensland’s property boom. Brisbane’s property market has historically been a steady investment seeing consistent gradual growth in house prices and providing a strong rental yield.
With many of the State’s major infrastructure projects planned being centered around improving the transport and accessibility to Brisbane, as well as hosting the upcoming 2032 Olympic Games, Brisbane is predicted to experience further growth in the coming years.
Located approximately just south of Brisbane, the Gold Coast region provides a great lifestyle with all the charm similar to the Sunshine Coast however with a bit more of a CBD and tourist appeal.
The Gold Coast has been one of the top locations for internal migration over the last few years and it’s property market has shown to be strong with 31 suburbs recording growth in house prices in the first quarter of 2021.
The Sunshine Coast is approximately 100km from the Brisbane CBD. Consisting of many prominent suburbs including coastal areas such as Coolum Beach, Mooloolaba and Maroochydore, to more inland areas such as Bli Bli and Buderim, it offers a great range of opportunities and lifestyles.
The Sunshine Coast is also home to Noosa, the most expensive property market in Queensland and presents plenty of opportunities for property investors. For the past few years the Sunshine Coast has been one of the top locations for internal migration and the pandemic in 2020 only increased it’s demand, with the housing market achieving an annual growth of 7.7% in March 2021.
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