5 ‘safe bets’ in Brisbane
If you’re looking to invest in Brisbane, there are five suburbs set to guarantee a good return, according to local economist.
Nerida Conisbee, chief economist at realestate.com.au, says that Brisbane’s strength is seeing it become the place to invest in, with more people opting for the north than its east-coast neighbours.
“While prices in Sydney and Melbourne have tumbled over the past two years, pricing in Brisbane has been remarkably stable,” Ms Conisbee said.
“This is despite a lot of concerns about apartment oversupply, which have turned out to be vastly overstated.”
Top areas:
- New Farm
- Bulimba
- Auchenflower
- Camp Hill
- Wishart
Ms Conisbee also noted that rental properties in Brisbane are receiving a lot of interest.
“While prices are still relatively flat, we are starting to see some positive signs for rental demand,” she said.
“Inner-Brisbane is seeing some of the highest views per listing for rental properties in Australia. This is now starting to flow through to rental growth.”
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