But not all suburbs are created equal and savvy investors are researching our local markets to determine where to place the smart money.
The analysts at Property Update are tipping good growth for value suburbs in our neighbourhood through to the inner Brisbane blue-chips.
“BIS Schrapnel has predicted 13% growth for Brisbane out until 2021 and a recent report by QBE Insurance has predicted 11%,” reports Property Update.
“Whatever the outcome, it is clear that Brisbane will continue to tick over with steady growth, while the rest of the nation takes a breather.
“While Brisbane houses have only averaged around 25% growth over the last 5 years (or 5% per annum), these suburbs have outperformed and will continue to do so.”
Check out their tips below.
Entry level suburbs:
- Chermside West
- Stafford Heights
- Everton Park
Middle ring suburbs:
- Cannon Hill
- Holland Park
Inner ring suburbs: