Brisbane has been slowly gaining traction in property capital gains, as the median dwelling prices at $461,000. Property experts are predicting a growth slowdown in the market, making Brisbane ideal for investors, as it is “slowdown – proof”.
Investors have shown interest in Brisbane as it enjoys a steady increase in transaction and buyer interest. Over the past year, growth has been up by nearly 5%. The Brisbane and Gold Coast area rental yield for both houses and units finished at a 4.4% and 5.4% increase respectively, toppling the number of Sydney – at 3.1% and 4.1%, and Melbourne – at 2.9% and 4.1%.
Property experts are convinced that Brisbane is set to have a strong performance in the housing sector in the coming years.
Read more about this on the News.com.au website.
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